Transavia zit zo krap in de vliegtuigen dat het geen garanties meer durft te geven over het doorgaan van vluchten in deze meivakantie.  ( 3 min )

De omgevingsdienst die toezicht houdt op Tata Steel mag een camera blijven richten op het terrein van de staalfabriek. De privacy van medewerkers is niet in het geding door de camera, die in de gaten houdt of er schadelijke uitstoot plaatsvindt.  ( 5 min )

Kappers krijgen er in een jaar tijd in twee stappen 9 procent meer loon bij. Bovendien vallen verplichte scholingsavonden voortaan onder werktijd.  ( 3 min )

Koning Willem-Alexander viert zijn verjaardag donderdag in Rotterdam. Dat gaat zo'n 4 miljoen euro kosten. Het wordt daarmee de duurste Koningsdag ooit. In Maastricht, waar de koning vorig jaar zijn verjaardag vierde, kostte het feest minder dan de helft.  ( 3 min )

Softwarebedrijf Microsoft mag Call of Duty-maker Activison Blizzard niet overnemen. Dat heeft de Britse toezichthouder CMA woensdag besloten. De waakhond is bang dat Microsoft na de overname te veel macht krijgt op de markt voor online games.  ( 3 min )

De energieprijzen in de Europese Unie hebben in de tweede helft van vorig jaar recordniveaus bereikt. De gemiddelde prijs voor elektriciteit ging met ruim 20 procent omhoog. De gasprijs steeg met 46 procent.  ( 3 min )

We trekken morgen op Koningsdag weer massaal naar de vrijmarkt voor koopjes, spelletjes en iets te snaaien. Maar hoe rekenen we tegenwoordig af? Ondanks betaalapps is contant geld nog niet weg te denken.  ( 5 min )

De wereldwijde verkoop van elektrische auto's zal dit jaar tot recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 4 min )

Meer dan de helft van de AH-supermarkten is op de vierde dag van de staking in distributiecentra goed bevoorraad. Het gaat om filialen die producten krijgen geleverd vanuit Zaandam, Hoorn en Tilburg. Bij de rest van de winkels ontbreken houdbare en verse producten in de schappen.  ( 3 min )

Windows, Xbox en andere apparaten van Microsoft hebben het afgelopen kwartaal bar weinig opgeleverd. De hardwaremarkt heeft het zwaar na de flinke verkopen tijdens de coronajaren. Maar Microsoft kreeg hulp van de aanhoudende vraag naar clouddiensten.  ( 4 min )

Google-moederbedrijf Alphabet voelt de toenemende concurrentie van andere bedrijven op het gebied van video en zoeken. Advertenties leverden Alphabet opnieuw minder op. Toch wist het bedrijf meer omzet te draaien dan analisten hadden verwacht.  ( 4 min )

De wereldwijde verkoop van elektrische auto's zal dit jaar naar recordhoogte stijgen, verwacht het Internationaal Energieagentschap (IEA). Veel automobilisten stappen over op elektrische vervoermiddelen, omdat ze af willen van vervuilende brandstoffen als benzine.  ( 3 min )

Winkeliers hebben in maart ruim 4 procent meer omzet behaald dan in dezelfde maand vorig jaar. De groei is vooral te danken aan de hogere prijzen, aangezien het totale verkoopvolume met 7 procent daalde.  ( 3 min )

Klimaatminister Rob Jetten presenteert woensdag een aanvullend pakket maatregelen om de klimaatdoelen van 2030 te halen. Hij kan kiezen uit een 'menukaart' met vrijwel alleen maar politieke landmijnen. Lukt het dit kabinet nog de klimaatplannen flink aan te scherpen?  ( 6 min )

We zijn sinds corona gewend om een aantal dagen per week thuis te werken. Maar dat kan alleen na overleg. Werknemers kunnen niet zomaar eisen dat ze vanuit huis mogen werken, ook niet waneer de 'Wet werken waar je wilt' wordt ingevoerd.  ( 5 min )

A death cross is a chart pattern that occurs when a security's short-term moving average drops below its longer-term moving average.  ( 23 min )

Opening an investment account is an essential step in investing in commodities. Learn what you need to open an investment account and how to do it.  ( 26 min )

The right financial planning for professional athletes can turn short-term high earnings into a lifetime of steady income. Here's how it's done.  ( 23 min )

Learn how fair market value is determined during a real estate appraisal and why market values are really decided by a professional opinion.  ( 22 min )

A flexible spending account (FSA) is a type of savings account, usually for healthcare expenses, that sets aside pretax funds for later use.  ( 24 min )

A communication industry ETF invests in securities in the communication sector, including telecommunications, media, and internet companies.  ( 21 min )

Learn more about the Irish pound, which was the national money of Ireland until it was replaced by the euro.  ( 20 min )

AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )

A personal loan allows you to borrow money and repay it over time. Here’s what a personal loan is, how it works, and how to use one.  ( 26 min )

A 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates. However, they must be ready to pay the original rate from the fourth year onward.  ( 22 min )

Microsoft and Alphabet shares surged after beating analyst estimates for earnings and revenue. Here’s what investors need to know today.  ( 18 min )

Rising net interest income boosted earnings at key regional and mid-sized banks in the first quarter. But broad deposit withdrawals portend challenges ahead.  ( 17 min )

Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )

Business interruption insurance is a form of insurance coverage that replaces business income lost as a result of a business interruption event.  ( 23 min )

Find out how to calculate the equity in your home, your home equity percentage, and the loan-to-value (LTV) based on the current market price.  ( 26 min )

Meta will report its Q1 2023 earnings on Wednesday after market close.  ( 39 min )

CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )

The retailer's dual-track strategy borrows from approaches used in both Chapter 11 and Chapter 7 filings.  ( 39 min )

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Shares in the retailer, which has filed for bankruptcy, will stop trading on Nasdaq on May 3, the company said.  ( 23 min )

Investors cheered better-than-expected results from Microsoft.  ( 39 min )

The San Francisco lender is considering a variety of alternatives to save itself.  ( 41 min )

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GSK plc (NYSE: GSK) reported Q1 FY23 sales of £6.95 billion, down 3% Y/Y on the actual exchange rate and 8% on the constant exchange rate. Turnover excluding COVID-19 solutions reached £6.82 billion, up 16% Y/Y (10% at CER), with solid performance across Vaccines, Specialty, and General Medicines. Key growth drivers included the Shingrix vaccine, meningitis vaccines, HIV medicines, Benlysta in immunology, Nucala, and Trelegy in respiratory, contributing more than 40% of sales. Related: GSK To St  ( 38 min )

In its Q1 earnings release, Illumina Inc (NASDAQ: ILMN) unveiled plans to accelerate margin improvement and create flexibility for further investment in high-growth areas. The company aims to reduce its annualized run rate expenses by more than $100 million starting later this year. Q1 Revenue of $1.09 billion was down 11% Y/Y (down 9% on a constant currency basis), beating the consensus of $1.07 billion. Adjusted EPS of $0.08 declined from $1.07 a year ago, beating the consensus of $0.02. Also  ( 38 min )

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Retiring at age 50 would be a dream for most people, as it would leave you with a few decades of time and, hopefully, health, to enjoy your life. The key to achieving this dream, though, is to put aside … Continue reading → The post Can I Retire at 50 With $1.5 Million? appeared first on SmartAsset Blog.  ( 43 min )

(Bloomberg) -- The US energy patch is ripe for a takeover boom, as oil and gas producers flush with cash turn to dealmaking to find new sites to drill. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleUK Blocks Microsoft’s $69 Billion Activision Deal Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesBRICS Draws Membership Bids From 19 Nations Before SummitEnergy producers raked in record pr  ( 41 min )

AbbVie, the maker of the best-selling drug of the 21st century, likely will say earnings plummeted in the first quarter after it lost the exclusive right to market its blockbuster biologic, Humira.  ( 17 min )

CEO Badri Kothandaraman said high interest rates seem to be making solar power less attractive to customers in several states.  ( 23 min )

(Bloomberg) -- First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitA  ( 38 min )

Downgrades are mounting since Tesla reported disappointing first-quarter earnings on April 19.  ( 22 min )

Boeing reported a mixed Q1 earnings report, beating on top line revenue but missing on profit, but said it would be boosting output of its 737 Max planes despite a recent production issue.  ( 40 min )

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Microsoft plans to appeal the decision by the U.K.'s Competition and Markets Authority to block the company's acquisition of Activision Blizzard.  ( 22 min )

The country’s competition regulator said the deal would hurt competition in the videogaming industry, raising new bar amid FTC and EU scrutiny.  ( 26 min )

Boeing lost $425 million in the first quarter — more than Wall Street expected — plagued by production problems while building passenger planes and it had a write-down for a military tanker. Revenue rose 28% from a year earlier, however, as airlines scooped up new jets to meet rising travel demand. CEO David Calhoun called it “a solid first quarter."  ( 39 min )

The Electric-vehicle start-up said its Ocean SUV has been certified for sale by European regulators. Regional deliveries will start May 5. U.S. Deliveries are to follow.  ( 22 min )

Even with lower oil prices versus a year ago, when they surged after Russia's invasion of Ukraine, Exxon Mobil's profit likely gained significantly in the first-quarter of 2023.  ( 18 min )

Bitcoin and Ether rose on Wednesday trade in Asia, along with all top 10 non-stablecoin cryptocurrencies, with Solana and Cardano leading the way.  ( 39 min )

The electric-vehicles company has been cutting prices to boost sales. Investors may want it to take a different approach.  ( 22 min )

Thermo Fisher's first-quarter adjusted earnings meet analysts' expectations even as Covid-19 testing revenue falls sharply.  ( 23 min )

The Facebook parent is facing weak advertiser demand and privacy headwinds.  ( 25 min )

PacWest shares jumped, others including Western Alliance and Zions were trading higher early on Wednesday.  ( 23 min )

Usually in economic slowdowns, it’s low-income workers who get cut first, but the recent increase in unemployment insurance (UI) claims in the US has been more broad-based.  ( 37 min )

Tech giants Microsoft and Alphabet report better-than-expected earnings, Enphase issues a weak revenue forecast, and PacWest Bancorp says deposits have stabilized.  ( 23 min )

(Bloomberg) -- Netflix Inc. lost more than one million users in Spain in the first three months of 2023 according to market research group Kantar, a sign that the streaming giant’s crackdown on password-sharing could face pushback.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleQuants Are ‘Out of Ammo’ for Buying Stocks, Goldman WarnsFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed Bosse  ( 39 min )

(Bloomberg) -- Alibaba Group Holding Ltd. is cutting the cost of its cloud services by as much as half, a move that could win users from rivals such as Tencent Holdings Ltd. at a time it’s considering spinning off the fast-growing Aliyun business.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business  ( 40 min )

First Republic's first-quarter earnings show its customers yanked over $100 billion worth of deposits during the recent banking turmoil.  ( 38 min )

Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.  ( 40 min )

(Bloomberg) -- A rout in Chinese stocks took a breather as bargain hunters emerged after geopolitical tensions wiped out about $446 billion in value for mainland shares this month. Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson’s Fox News Exit E  ( 37 min )

"Bootstrapping" strategies like wholesaling have exploded in popularity, but an investor who owns over 1,250 units shares why they won't work in 2023.  ( 40 min )

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(Bloomberg) -- Alphabet Inc.’s Google and Microsoft Corp., whose quarterly earnings each got a boost from their established search and cloud-computing businesses, used their time with investors to emphasize what’s next: artificial intelligence.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Bu  ( 40 min )

U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 1 min )

First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 1 min )

PacWest Bancorp (NYSE: PACW) reported earnings after the close and beat EPS estimates, sending the stock higher. The move comes after the stock traded down more than 8% in Tuesday’s regular session as banking crisis fears crept back into the market following First Republic Bank’s (NYSE: FRC) worrisome earnings call. PACW EPS came in at $0.66 a share, higher than the estimates of $0.61 a share, according to Benzinga Pro. PacWest says total deposits increased $1.1 billion to $28.2 billion on March  ( 39 min )

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Anheuser-Busch InBev has put two marketing executives on leave amid conservative backlash over Bud Light's partnership with transgender influencer Dylan Mulvaney. Here's what you need to know.  ( 40 min )

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Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )

Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet … Continue reading → The post Here's How Often You Should Rebalance Your Portfolio, According to Vanguard appeared first on SmartAsset Blog.  ( 39 min )

These are some of the stocks moving in after-hours trade on Tuesday, April 25, 2023.  ( 40 min )

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(Bloomberg) -- Amid resurgent banking angst, rattled stock markets may have to live without a key source of buying power.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesThat’s the warning from Goldma  ( 40 min )

CDs can generate hundreds in interest over the course of a year, as long as you don’t touch your money before your CD matures.  ( 39 min )

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Payment processing giant Visa Inc. said its second-quarter profits jumped 14% from a year earlier on an adjusted basis, as the company continues to benefit from a global increase in credit card and debit card usage. For the past several quarters, Visa's fortunes have been bolstered by a global increase in online payments and usage of credit and debit cards. Visa takes a fee from every transaction processed on its network.  ( 38 min )

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Google parent Alphabet reported first-quarter earnings that surpassed Wall Street's expectations.  ( 23 min )

The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )

(Bloomberg) -- The spread between AMC Entertainment Holdings Inc.’s common and preferred shares widened Tuesday after a hearing on the movie-theater’s conversion dispute indicated that a settlement is unlikely in the next two months.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitAirline Cancels Passengers’ $10,000 Business Class Tickets  ( 39 min )

The company has missed Wall Street earnings projections in 13 of the past 16 quarters.  ( 22 min )

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Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 38 min )

Microsoft beat analysts' Q3 expectations on the top and bottom line.  ( 39 min )

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Managers would rather work with the once-maligned millennial than Gen Z. But they're misunderstanding the youngest generation.  ( 39 min )

A new study conducted by finance professors from the University of Florida shows the potential value of ChatGPT in predicting stock market movements. See More: A Healthier Alternative to Coffee & Energy Drinks: Pureboost Gives You Energy Without The Burnout and Exhaustion In the study, over 50,000 news headlines about companies dating back to October 2021 were fed to the chatbot, which evaluated whether the news was good, bad or irrelevant to the company's stock prices. Using sentiment analysis,  ( 38 min )

(Bloomberg) -- Bond traders are no longer fully convinced that the Federal Reserve will do one more quarter-point interest-rate hike.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesBRICS Draws Membership Bids From 19 Nations Before SummitClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFirst Republic Bank to Weigh Up to $100 Billion in Asset SalesShort-end market r  ( 38 min )

Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )

(Bloomberg) -- First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a broader rescue plan, according to people with knowledge of the matter.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Mov  ( 38 min )

Bud Light lost both dollar sales and market share after calls to boycott the brand, while Miller Lite and Coors Light both gained, an industry report said.  ( 23 min )

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Kenvue, Johnson & Johnson's consumer health business, could IPO as soon as this week.  ( 23 min )

Assertio Holdings Inc (NASDAQ: ASRT) will acquire Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) in an all-stock and contingent value rights (CVR) transaction. Under the terms of the agreement, each Spectrum share will be exchanged for a fixed exchange ratio of 0.1783 shares of Assertio common, implying an upfront value of $1.14 per Spectrum share. Additionally, Spectrum stockholders will receive one CVR per Spectrum share, entitling them to receive up to an additional $0.20 per share (approximatel  ( 38 min )

Everyone is talking up the prospect of a recession. Mike Wilson, chief U.S. equity strategist at Morgan Stanley, is chief among them. Wilson warns that the Fed’s current restrictive monetary policy portends downside risks that are not priced in the market – and could even spark a recession on the scale of 2008’s crisis. Wilson sees corporate earnings (which are already down in Q1 of this year) as unlikely to bottom out until the third or fourth quarter. In Wilson’s view, the lag between Fed poli  ( 42 min )

U.S. stock futures were lower on Tuesday as tech conglomerates were set to highlight a busy earnings week.  ( 39 min )

Microsoft stock reports earnings after today's close  ( 38 min )

Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 19 min )

Dow Inc (NYSE: DOW) reports first-quarter FY23 sales decline of 22.4% year-over-year to $11.85 billion, beating the consensus of $11.35 billion. Adjusted EPS was $0.58, beating the consensus of $0.36. Volume decreased 11% Y/Y, led by a 15% decline in Europe, the Middle East, Africa, and India (EMEAI). Local price declined 10% Y/Y and 4% sequentially. Operating EBIT fell by 70.7% Y/Y to $708 million, and margin contracted 990 bps compared to 1Q22 to 6%. Packaging & Specialty Plastics sales decrea  ( 38 min )

GM raised its full-year profit outlook for the year and said it would drop the Bolt, as it moves to newer battery technology.  ( 27 min )

Guo Guangchang seems unfazed by the disposals, and they seem to be working — Fosun International's shares have rebounded from a September low.  ( 39 min )

Danaher Corp (NYSE: DHR) has logged Q1 FY23 adjusted EPS of $2.36, down from $2.76 a year ago, surpassing the consensus of $2.25. Sales decreased 7% Y/Y to $7.17 billion, beating the consensus of $7.02 billion, with a 4% non-GAAP core revenue decrease, due to lower COVID-19 revenue and 6.0% non-GAAP base business core revenue growth. Operating cash flow for Q1 FY23 reached $1.9 billion. Non-GAAP free cash flow reached $1.7 billion. Rainer M. Blair, President & CEO, stated, "We had a good start t  ( 38 min )

(Bloomberg) -- First Republic Bank spent decades building its wealth-management franchise into a $290 billion behemoth. Now, that business may become a casualty of the bank’s efforts to save itself. Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millio  ( 41 min )

Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 19 min )

Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY23 sales decline of 1.9% year-on-year to $32.9 billion, missing the consensus of $33.6 billion. Adjusted EPS of $1.20 was in line with the consensus. Total wireless service revenue was $18.9 billion, up 3% Y/Y, reflecting the company's ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net losses were 127,000, and retail postpaid net additions were 633,000. The quarter marked 437,000 total broadb  ( 38 min )

Comcast on Sunday said former NBCUniversal CEO Jeff Shell would be stepping down immediately following an investigation into inappropriate conduct.  ( 38 min )

Alibaba Group Holding Limited (NYSE: BABA) stock gave up the gains fueled by its ambitious restructuring proposal after it slumped in Hong Kong on Tuesday. Alibaba’s latest drop came as China’s deteriorating geopolitical tension with the U.S. posed a dampener for China’s technology shares, Bloomberg reports. “Overall sentiment on China is low now as geopolitical tensions continue to weigh, and it may be difficult for IPO or spin-off activity to pick up momentum in such an environment,” said Marv  ( 38 min )

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The results come amid growing fears of a US recession ahead. UPS' sales decline follows the broader trend of retail sales in the U.S., which dropped on a monthly basis in both February and March.  ( 39 min )

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Novartis AG (NYSE: NVS) has reported Q1 FY23 core EPS of $1.71 compared to $1.46 a year ago, beating the consensus of $1.55. Net sales were $12.95 billion, up 3% Y/Y or 8% at constant currency (CC), beating the consensus of $12.64 billion. Core operating income was $4.4 billion (+8%, +15% cc). Growth was driven by the strong performance of Entresto, Pluvicto, Kesimpta, Kisqali, and Scemblix. Quarterly revenue from the heart failure drug Entresto jumped 28% to $1.39 billion. Sales from the breast  ( 38 min )

Despite the early recovery seen at the start of the year, following 2022’s resolute bear, a sustained bull rally has failed to materialize since. Weighed down by an uncertain global economic backdrop and the prospect of a recession, market conditions have been volatile, with investors seeking clear signals on the market’s direction. Well, according to Carson Group chief market strategist Ryan Detrick, there are plenty of them flashing brightly right now. In contrast to those predicting rough day  ( 42 min )

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The disclosure raised new questions about the fate of a San Francisco lender that was at the center of a banking system crisis in March.  ( 40 min )

(Bloomberg) -- Oil fluctuated as uncertainty about the strength of demand and the direction of the global economy blunted recent supply-driven gains.Most Read from BloombergFox Fired Its Biggest Star Tucker Carlson, Who Badmouthed BossesClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtTucker Carlson Leaves Fox News in Shakeup After SettlementBRICS Draws Membership Bids From 19 Nations Before SummitJavice Moved Millions From JPMorgan to Signature Months Before Collap  ( 38 min )

Part of retirement planning includes determining how much to save and invest so you can enjoy the type of lifestyle you desire. Setting your savings target by age can be a good way to organize your strategy and gauge how … Continue reading → The post How Much Does the Average 70-Year-Old Have in Savings? appeared first on SmartAsset Blog.  ( 40 min )

Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know there are … Continue reading → The post How to Legally Avoid Paying Sales Tax on a Used Car appeared first on SmartAsset Blog.  ( 40 min )

GM strikes a bullish tone on the pace of its EV production.  ( 39 min )

Advisors often work with high-net-worth clients and are able to understand the expectations wealthy clients have about managing their finances. The good news is that some of those takeaways can be applied to clients who are not high-net-worth individuals. Read … Continue reading → The post 4 Lessons Advisors Can Learn From High-Net-Worth Clients – That Apply to Regular Clients appeared first on SmartAsset Blog.  ( 38 min )

Cathie Wood's ARK Invest has long held ambitious price targets on Tesla stock. Their latest forecast would put Tesla's market value north of $5 trillion.  ( 39 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

PepsiCo Inc (NASDAQ: PEP) shares are up Tuesday morning following its first-quarter results, which topped the Street view. PEP reported first-quarter FY23 sales growth of 10.2% year-on-year to $17.85 billion, beating the consensus of $17.22 billion. Net revenue from Frito-Lay North America increased 15% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 8%. Latin America sales jumped 21% Y/Y, and Europe sales grew 5%. Gross profit increased 12.4% Y/Y to $9.7 bil  ( 38 min )

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )

First Republic Bank's stock is plunging before the opening bell Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. The San Francisco bank said Monday that it was only able to staunch the bleeding after a group of large banks stepped in to save it by depositing $30 billion in uninsured deposits. It said it now plans to sell off assets and restructure its balance sheet, and lay off as much as a quarter of its workforce, which totaled about 7,200 employees at the end of 2022.  ( 38 min )

Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )

The company said it was dropping a number of drug-development initiatives, including two stroke drugs.  ( 23 min )

JetBlue's second quarter and full-year guidance beat analysts' estimates, suggesting robust demand in the months ahead.  ( 22 min )

Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )

Cash flow from a portfolio of apartments isn’t enough to cover the cost of all the debt, a report said.  ( 25 min )

The company  also reported lower income for the quarter ended March 31 compared with the same period a year ago.  ( 25 min )

General Motors reports first-quarter adjusted operating profit of $3.8 billion and earnings of $2.21 a share. Wall Street was looking for operating profit of $3.2 billion, and earnings of $1.72 a share.  ( 23 min )

Bitcoin fell in Tuesday afternoon trade in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Polygon was the biggest loser followed by Solana.  ( 38 min )

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American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 13 min )

The aerospace parts supplier has a record order backlog amid growing demand driven by global airline travel and defense systems.  ( 22 min )

General Motors reported strong first quarter earnings on Tuesday morning, continuing its strong run of quarterly reports as the largest automaker in the U.S. gears up for a big year of electric vehicle launches.  ( 39 min )

With investor concerns about the US economy continuing to swirl, investors will look for signs on the health of the consumer when McDonald's reports results Tuesday morning.  ( 38 min )

ABB Ltd (NYSE: ABB) reported Q1 2023 revenue of $7.86 billion, up 13% Y/Y and 22% Y/Y on a comparable basis, exceeding the consensus of $7.49 billion. Orders increased by 1% Y/Y to $9.45 billion and grew 9% Y/Y on a comparable basis. Electrification revenue $3.59 billion (+11% Y/Y), Orders $4.14 billion (+1% Y/Y) and Backlog $7.10 billion (+19% Y/Y). Motion revenue $1.94 billion (+23% Y/Y), Orders $2.26 billion (+3% Y/Y) and Backlog $5.10 billion (+18% Y/Y). Process Automation revenue $1.44 bill  ( 38 min )

The company's earnings per share came in at 72 cents, compared with expectations for 67 cents. Revenue was $5.7 billion, against the $5.5 billion expected.  ( 23 min )

The manufacturer’s first-quarter revenue jumped 25% in the aerospace business while orders rose 14%.  ( 25 min )

Javice rushed to pull her funds out of Signature Bank after it was taken over by the FDIC in March.  ( 39 min )

With Gen Z set to take up 25% of the workforce by 2025, could we see firms shifting their working hours later to accommodate young nightowls?  ( 38 min )

Shares of First Republic tumble after deposits at the regional lender sank in the first quarter, United Parcel Service trims its revenue outlook, and earnings reports from Microsoft and Alphabet are coming after Wall Street closes Tuesday.  ( 23 min )

PepsiCo raised its full-year profit guidance after its first quarter earnings beat analysts' expectations, helped by resilient demand and price hikes.  ( 22 min )

Spotify reported earnings before the bell on Tuesday. Here's what to know.  ( 39 min )

A “freight recession” means fewer trucks carrying goods across the country.  ( 28 min )

U.S. stock futures fell early Tuesday as investors awaited a slew of major earnings releases from companies including Alphabet, Microsoft, PepsiCo, and McDonald’s. Futures on the S&P 500 pointed down 0.5% ahead of the open, while Dow futures were 0.4% lower and futures on the technology-heavy Nasda  ( 28 min )

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Western Alliance Bancorp and Zions Bancorp are both down after First Republic reported it had to borrow heavily to cover outflows in the first quarter.  ( 23 min )

(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )

“The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.  ( 39 min )

(Bloomberg) -- Losses in Chinese shares dragged down Asia’s equities as investors assessed whether the nation’s reopening story still has room to run amid economic and geopolitical headwinds.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon  ( 40 min )

Bitcoin falls to around $27,300, dropping from more than $30,000 last week as central bank actions add to concerns over declining monetary liquidity.  ( 22 min )

(Bloomberg) -- The rebound in European equities since mid-March has failed to win over strategists, who predict that the sustained campaign of central-bank interest rate hikes will stall the rally. Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Do  ( 40 min )

At least for the quarter ended March, weak PC demand and decelerating cloud growth will overshadow the long-term impact of Microsoft's big AI push.  ( 22 min )

The scientific instruments company makes the devices used by pharmaceutical companies, and stands to come out ahead no matter which drugs are successful.  ( 22 min )

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.  ( 23 min )

(Bloomberg) -- The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired From the NetworkThe e-commerce giant’s stock has erased al  ( 38 min )

(Bloomberg) -- A selloff in Chinese equities is deepening as traders weigh a barrage of economic and geopolitical risks, with global funds accelerating their exodus.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFox Fired ‘Uncontrollable’ Host Tucker Carlson, Who Badmouthed BossesTucker Carlson’s Fox News Exit Erases $507 Million in ValueCNN Anchor Don Lemon Says He Has Been Fired Fr  ( 38 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

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Microsoft beat expectations for cloud segment growth and Alphabet reporting declining ad revenue.  ( 16 min )

A money order is a certificate, usually issued by governments and banking institutions, that's a safe alternative to cash or a personal check. It works similarly to a check.  ( 24 min )

Charles Schwab and TD Ameritrade have similar features and product offerings. TD Ameritrade has a small edge over Schwab, though Schwab acquired TD Ameritrade in 2020.  ( 23 min )

U.S. equities tumbled on April 25, 2023, as a report from First Republic (FRC) renewed concerns about the strength of the banking sector.  ( 16 min )

Binance.US had agreed to buy the bankrupt lender's assets for $1.3 billion. Voyager said it will directly distribute funds to customers as a part of the Chapter 11 process.  ( 16 min )

Before you hire a financial advisor, you should evaluate your own financial situation and understand the types of advisors that exist. This is how to decide if you need a financial advisor.  ( 29 min )

Home prices rose 2% in February, at a slower pace than the prior month. Some cities, like Miami, Tampa and Atlanta, showed larger increases, while others had declines.  ( 18 min )

Republicans are calling for negotiations, while Democrats denounce “hostage-taking” tactics as debt deadline approaches.  ( 19 min )

Learn the difference between developed and developing countries, along with a list of the status of the 25 top countries by GDP.  ( 45 min )

Snap Inc., which owns social-media app Snapchat, is seen posting a narrower loss and lower Q1 revenue on declining ad spending when it reports first quarter results on Thursday.  ( 17 min )

Southwest Airlines, America's second-largest airline by market capitalization, is expected to report losses narrowed in the first quarter, with the air travel rebound and increased capacity helping offset higher fuel costs.  ( 19 min )

A negotiable instrument, such as a personal check, is a signed document that promises an amount to be paid to a specified person or assignee.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 16 min )

Housing a retirement plan inside a variable annuity contract offers some big advantages, but mostly if the account holder is close to retirement.  ( 28 min )

Full retirement age is the age at which you can receive full Social Security retirement benefits. Your FRA varies depending on the year you were born.  ( 25 min )

A mandatory distribution, or required minimum distribution (RMD), is the minimum amount you must withdraw from certain retirement accounts each year.  ( 22 min )

The excess accumulation penalty is due to the IRS when a retirement account owner fails to withdraw the required minimum amount for the year.  ( 22 min )

Microfinance is a banking service that is provided to low-income individuals who have no other means of gaining financial services.  ( 28 min )

CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 18 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 20 min )

The South Korean indictment of Terraform Labs co-founder Daniel Shin on Tuesday centers on the rapid collapse of TerraUSD and its sister coin Luna last year.  ( 16 min )

Here's more information about how banks don't need your money to make loans, but they do want it to make those loans more profitable.  ( 22 min )

Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 21 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 19 min )

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 18 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 18 min )

Basic reparations benefits are a type of automobile insurance that provides assistance with medical expenses, lost income, and essential services.  ( 18 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 19 min )

Ecommerce giant Amazon.com likely turned a profit in the first quarter even as revenues from its Amazon Web Services (AWS) subsidiary grew at the slowest pace in at least a decade amid increased competition from rival cloud providers.  ( 18 min )

Not everyone needs to file annual tax returns. Learn about the requirements that determine whether or not you must file tax returns each year.  ( 23 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 19 min )

The IRS required beginning date is the date individuals with retirement plans must begin taking required minimum distributions from their accounts.  ( 22 min )

Buying a new car is a big decision. Follow our step-by-step guide to ensure you get the best deal possible when you are ready to start the process.  ( 20 min )

The Monthly Treasury Average (MTA) is an interest index used to set the interest rate for some adjustable-rate mortgages (ARMs).  ( 19 min )

The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year.  ( 21 min )

A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 18 min )

Most mortgage averages moved just a basis point or two, or were flat entirely. The 30-year average dipped further below the 7% threshold it breached last week.  ( 19 min )

Boeing, the world’s second-largest maker of commercial jets, is set to post its best first-quarter results in three years as it reemerges from the gloom of two fatal crashes and Covid-19.  ( 18 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 18 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 18 min )

Putting your finances in order should be one of your top priorities before traveling out of the country.  ( 14 min )

Many airlines offer both refundable and non-refundable tickets. Here are some examples of prices for refundable airline fares for five U.S. airlines.  ( 16 min )

Money market accounts can be helpful spots for investors to park their money. Here are five key things to keep in mind when opening an account.  ( 16 min )

First Republic Bank shares declined after the bank's deposits fell by 40% and UBS profits sank in the first quarter as it prepares to take over Credit Suisse. Here’s what investors need to know today.  ( 11 min )

Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry.  ( 11 min )

Prepaid cards may be used to both pay bills—either as a one-time transaction or recurring transaction—and transfer money to other cards of the same brand. Learn more here.  ( 15 min )

American Airlines' post-pandemic recovery stalled in the first quarter, but better days may lie ahead as peak travel season looms.  ( 11 min )

Even if you rarely fly, you can pile up points that are good for travel or other rewards.  ( 17 min )

With most mortgages, the amount of interest on a loan will get smaller as the principal balance is paid off.  ( 17 min )

Here’s a look at the General Data Protection Regulation (GDPR) that will take effect on May 25  ( 15 min )

Tim Berners-Lee voiced his disappointment at what the web has become and said action must be taken to restore its core values.  ( 12 min )

You suddenly need money for an unexpected expense or life event. What are the most effective and responsible ways to get it? Here are answers.  ( 20 min )

Discover all the reasons ETFs typically have lower fees than mutual funds, including their passive management and the absence of load and 12b-1 fees.  ( 14 min )

De Nederlandse economie koelt af en dat is terug te zien op de arbeidsmarkt. Het aantal openstaande vacatures is in maart licht afgenomen tot 380.000, een daling van 5 procent ten opzichte van dezelfde maand vorig jaar. Het aantal nieuwe vacatures daalde zelfs met 10 procent.  ( 4 min )

Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )

Welk brood is het gezondst en welke pizza is de beste keuze? Vanaf 2024 kun je in de supermarkt vaker producten vergelijken via de dan officieel geldende Nutri-Score. Die toont in een oogopslag of je een gezonde keuze maakt.  ( 4 min )

Vakbonden willen langer doorgaan met stakingen bij Albert Heijn. Aanvankelijk zou woensdag de laatste actiedag zijn, maar FNV en CNV zeggen dat ze doorgaan tot het niet meer nodig is. Of dit tot meer lege schappen leidt, is nog niet duidelijk.  ( 4 min )

Naast Barbies met allerlei etnische achtergronden maakt speelgoedfabrikant Mattel nu ook een pop met het syndroom van Down. Het bedrijf wil hiermee stigmatisering tegengaan en kinderen empathie bijbrengen.  ( 3 min )

Google, Amazon, Meta, Microsoft en andere grote techbedrijven vallen vanaf augustus onder de Europese Digital Service Act (DSA). Dat meldt Eurocommissaris Thierry Breton dinsdag. De wet moet ervoor zorgen dat inwoners van de Europese Unie online beter zijn beschermd.  ( 3 min )

Rusland wil de graandeal met Oekraïne niet meer verlengen. De huidige deal, die ervoor zorgt dat Oekraïne ondanks de oorlog graan kan verschepen over de Zwarte Zee, loopt op 18 mei af. Oekraïne wil dat er meer druk op Rusland wordt gezet.  ( 4 min )

Spotify heeft het aantal luisteraars flink zien groeien in het eerste kwartaal van dit jaar. Wereldwijd maken 515 miljoen mensen maandelijks gebruik van de muziekdienst. Toch wist het bedrijf geen winst te maken. Het verlies kwam uit op 156 miljoen euro.  ( 3 min )

De zuidelijke supermarktketen Jan Linders verdwijnt uit het straatbeeld. Tien winkels van de keten gaan over naar Jumbo, Plus en ALDI. Eerder werd al bekend dat de overige Jan Linders-supermarkten dit jaar omgebouwd worden tot Albert Heijn.  ( 3 min )

Uitzender Randstad gaat zich actief inzetten om de krapte op de arbeidsmarkt tegen te gaan. Zo werkt het bedrijf momenteel aan een masterplan om de tekorten in de kinderopvang op te lossen. In de sector staan momenteel zevenduizend vacatures open.  ( 4 min )

Het aantal ziekmeldingen in de zorg neemt af. Met name onder jongeren is het verzuim in de eerste drie maanden van dit jaar hard gedaald.  ( 3 min )

Holland Casino heeft vorig jaar weer winst gemaakt. Toch is het bedrijf na twee lastige coronajaren nog niet terug op het oude niveau. De bezoekersaantallen vallen nog tegen.  ( 3 min )

ING, ABN AMRO en Rabobank brengen het online betaalsysteem iDEAL onder bij het Europese samenwerkingsverband van banken EPI. Voor wie in Nederland online shopt, verandert in ieder geval de komende jaren niets, belooft initiatiefnemer ING.  ( 3 min )

Controleer in de supermarkt altijd je kassabon, want bij drie grote ketens klopt die regelmatig niet. Nog altijd staan op de bonnen vaak andere prijzen dan op het schap, concludeert de Consumentenbond.  ( 3 min )

De effecten van acties in de distributiecentra van Albert Heijn zijn vooral zichtbaar in de circa honderd supermarkten in het noordoosten van het land. Dat laat een woordvoerder van de supermarktketen aan NU.nl weten.  ( 3 min )

Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met zo'n warmte- of elektriciteitsaansluiting (blokaansluiting) is vanaf vandaag geopend.  ( 3 min )

Huishoudens die hun energieaansluiting delen met buren kunnen na lang wachten compensatie krijgen voor de hoge prijzen van gas en elektriciteit. Het loket voor het aanvragen van energiesteun voor huishoudens met een blokaansluiting wordt dinsdag geopend.  ( 3 min )

Ruim een jaar na invoering van sancties tegen Rusland is in Nederland voor 644 miljoen euro aan tegoeden uit het land bevroren. Ook zijn er twee schepen en vijf vliegtuigen waar Russen niet meer bij kunnen. De oogst bij vastgoed valt tegen.  ( 5 min )

Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 1 min )

Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 1 min )

U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 1 min )

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Google parent Alphabet on Friday disclosed in an SEC filing how much compensation it gave CEO Sundar Pichai for the prior year — approximately $226 million.  ( 38 min )

Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 11 min )

The bank can survive, but it can’t thrive for the foreseeable future because of the costs of its rescue.  ( 26 min )

Amid Dylanm Mulvaney controversy, Bud Light's dollar share value loses almost the same amount as Coors Light and Miller Lite's dollar share gain in latest week.  ( 37 min )

Earnings season is now in full swing, and expectations are that the Q1 readout will turn out to be the second year-over-year quarterly decline in a row for S&P 500 firms. As such, BMO’s chief investment strategist Brian Belski points out that many investors are “worried that an earnings recession will significantly hinder market performance in the months ahead and inevitably translate into an economic recession later this year.” However, according to Belski, such conclusions are “not necessarily  ( 41 min )

(Bloomberg) -- Bed Bath & Beyond Inc. won permission Monday to tap $40 million, money the retailer said it needs to cover payroll for its roughly 14,000 employees and buy management time to try and locate a buyer in Chapter 11 bankruptcy to rescue some or all of its stores.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is U  ( 39 min )

Data analyzed by Reuters showed that Russia overtook Iraq for the first time and pushed Saudi Arabia to the number three spot in India's oil market.  ( 38 min )

There is a fight for consumers among the big three telecom firms after they saw record growth during social distancing.  ( 22 min )

Stocks moving after hours: First Republic Bank, Whirlpool, Cleveland-Cliffs  ( 38 min )

MKT Capital Ltd, a shareholder with a 4.2% stake in Aurinia Pharmaceuticals Inc (NASDAQ: AUPH), has issued a letter to Aurinia shareholders with plans to withhold support for three directors at the 2023 annual meeting. In the letter, MKT Capital explains why Aurinia could fetch $28/share in a sale and why shareholders should withhold votes on Chairman Milne, CEO Greenleaf, and Compensation Chair Hagan. The Board has diluted shareholders and awarded outsized compensation packages to management in  ( 38 min )

A group of Tesla investors asked CEO Elon Musk for more commitment to the electric vehicle (EV) company in an open letter published last week, specifically requesting that he spend less time posting “derogatory tweets.” The letter also urged Musk to address accusations of a toxic work environment at Tesla and concerns about future profitability.  ( 39 min )

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Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 12 min )

The San Francisco lender is under scrutiny by uninsured depositors across the banking system.  ( 26 min )

Activist investor Ryan Cohen made about $68 million on Bed Bath & Beyond, while college student Jake Freeman cashed out a roughly $110 million profit.  ( 38 min )

Main Street Research’s CIO believes stocks are in “the last phase of the bear market” and investors should buy companies with Warren Buffett–style “moats.”  ( 38 min )

(Bloomberg) -- First Republic Bank saw deposits plummet $72 billion in the first three months of the year as the California lender was engulfed in the regional-banking crisis that led to the collapse of three of its peers.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementFour Reasons Why Investors Expect US Dollar to Keep SlidingBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingHedge Funds Place Biggest Ever Short on Ben  ( 38 min )

The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its balance sheet.  ( 26 min )

BNP Paribas Exane analyst Stefan Slowinski lowered his rating on the shares, warning that there are lower lows ahead for the Azure cloud business.  ( 22 min )

Two execs are on leave after a collaboration with transgender TikToker ignited boycott calls, the Wall Street Journal reported.  ( 39 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

The San Francisco lender was at the center of a banking system crisis in March.  ( 41 min )

The San Francisco lender was at the center of a banking system crisis in March.  ( 38 min )

A busy day for corporate earnings on Tuesday will be highlighted by Microsoft's latest report, expected to offer new updates on the company's AI initiatives.  ( 39 min )

A single deal with Elon Musk's Tesla Inc. propelled a little-known family to a staggering $1.2 billion fortune. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry L&F Co. Ltd., a South Korean company that produces high-nickel cathodes for electric vehicle batteries, received a $2.9 billion order from the electric car maker, causing its share price to soar 82% in the past year. As a result, the listed holdings of Hur Jae-hong and his family, the owners of L&F, have surged t  ( 39 min )

ChatGPT, the powerful artificial intelligence (AI) tool from OpenAI, presents unparalleled risk and opportunity. It puts some jobs at risk of elimination but also can enhance a person’s skill set so they become more valuable to an employer. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry The trick for people who want to get the most out of ChatGPT — and ideally keep their jobs or find a new one — is to learn the best ways to prompt ChatGPT and other AI tools to produce  ( 38 min )

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Yet another long-term HODLer has decided to move their secret stash.  ( 37 min )

Investors will eagerly await an update on Alphabet's AI plans when the company reports first quarter earnings after the bell on Tuesday.  ( 39 min )

Carrier Global is in advanced talks to acquire the German industrial manufacturer for about $13 billion including debt, according to people familiar with the matter.  ( 27 min )

A lawyer for Hadley Gamble said she filed a sexual harassment and sex discrimination complaint at the company; Mr. Shell has said he had an inappropriate relationship with an employee.  ( 27 min )

(Bloomberg) -- Bed Bath & Beyond Inc.’s bankruptcy has netted more than a billion in paper profits for skeptics who bet against the big-box retailer, while amateur investors have been left holding a nearly empty bag.Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup Afte  ( 39 min )

The group said that installing former technology chief JB Straubel to be board would mean that at least five of the eight members would lack independence.  ( 26 min )

There could be a lot of sales up for grabs because of Bed Bath & Beyond's demise.  ( 39 min )

Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )

(Bloomberg) -- Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesTucker Carlson Leaves Fox News in Shakeup After SettlementA US supply gl  ( 38 min )

With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 15 min )

U.S. businesses in sectors ranging from manufacturing to technology are recalibrating after a period of rapid growth.  ( 30 min )

(Bloomberg) -- Tucker Carlson, one of the most popular Fox News prime-time hosts, was worth more than $690 million to the parent company. At least that is what trading in the stock indicates. Most Read from BloombergBud Light Takes the Cowardly Way OutFour Reasons Why Investors Expect US Dollar to Keep SlidingMacron’s Push to Get China’s Help on Ukraine Is UnravelingChina Distances Itself From Envoy Remarks on Ex-Soviet StatesHedge Funds Place Biggest Ever Short on Benchmark TreasuriesShares of  ( 38 min )

General Motors will report Q1 earnings on Tuesday morning, and investors hope the automaker will keep the good times rolling.  ( 39 min )

Trillium Capital proposed to acquire the stock-photo business for $10 a share in cash, but the share price is still well below that level.  ( 23 min )

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Wolfe Research analysts said C3.ai is likely to disappoint against Wall Street's growth expectations.  ( 22 min )

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Battle Road Research downgraded shares of the EV company to Sell from Hold, citing "internal challenges and sector-wide struggles."  ( 23 min )

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The owner of Louis Vuitton, Christian Dior and Tiffany has become the first European company to be valued at more than $500bn (£402bn), after renewed demand from Chinese shoppers boosted sales.  ( 38 min )

Johnson & Johnson (NYSE: JNJ) is reportedly readying an investor roadshow to pitch shares of its consumer-healthcare spinoff business, dubbed Kenvue, as early as Monday. Kenvue plans to start meeting with prospective investors with a goal to raise over $3.5 billion in the offering at a valuation of about $40 billion for Kenvue, its soon-to-be spun-off consumer business, which sells products like Tylenol, Band-Aids, and skin-care brands like Aveeno and Neutrogena. Assuming the company and its adv  ( 38 min )

Banks are paying up for savers' deposits in a much bigger way than they have in more than a decade, based on recent earnings reports from the nation's biggest banks. After a decade of low interest rates, the Federal Reserve has unleashed a rapid series of rate hikes to combat inflation, pushing up its benchmark rate to a range of 4.75% to 5%. A 24-month CD, a common savings product for medium-term savers, is now carrying an average yield of 4.81%, according to the Federal Reserve Bank of St. Louis.  ( 39 min )

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The company plans to launch a crypto-derivatives exchange in Bermuda in the coming weeks.  ( 27 min )

Market indicators have been sending conflicting signals lately, creating uncertainty among investors. While year-to-date gains are certainly better than last year’s bear, and volatility, while a concern, has run lower than last year, plenty of risk factors still remain, both in the broader economy and in the stock market. Taking a wider view of the markets, Christian Mueller-Glissman, head of asset allocation research for Goldman Sachs, gives investors a nudge toward a more defensive posture. Ex  ( 41 min )

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(Bloomberg) -- Millennials were more likely than any other generation to flee the stock market during last year’s rout. That meant they were also more likely to miss out on the subsequent rally.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Those were the results of a survey released Monda  ( 38 min )

Like most assets, you can inherit an individual retirement account (IRA) after the owner's death. And for spouses, inheriting an IRA is a relatively straightforward process. In most cases, you can simply assume ownership or even roll the inherited account over … Continue reading → The post How to Split an Inherited IRA Between Siblings appeared first on SmartAsset Blog.  ( 40 min )

If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 39 min )

Bank failures and economic turbulence have made bank depositors nervous – but what about banks where you can't visit a branch or speak to a teller? Can you withdraw your money when needed and protect yourself from risks? While the … Continue reading → The post Are Online Banks Safe? appeared first on SmartAsset Blog.  ( 40 min )

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The White House urged South Korea not to fill any market gap in China if Beijing bans Micron Technology, Inc (NASDAQ: MU) from selling chips. The U.S. has asked Seoul to encourage Samsung Electronics Co Ltd (OTC: SSNLF) and SK Hynix to hold back from boosting sales to China if it bans Micron from selling under an ongoing investigation, the Financial Times reports. The U.S. requested as President Yoon Suk Yeol prepared to travel to Washington for a state visit on Monday. Also Read: Micron's Sturd  ( 38 min )

The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )

Wells Fargo analysts raised their price target for shares of the medical-technology company to $100 from $77.  ( 23 min )

Commercial real estate headwinds—which are particularly strong in the office space sector—will increase the risk of defaults, distress, and delinquencies.  ( 41 min )

(Bloomberg) -- Europe’s oil refiners, already making do without longstanding shipments of Russian crude, are now struggling with the loss of similar supplies from northern Iraq and a shock reduction in output by several of the world’s top producer nations.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingFour Reasons Why Investors Expect US Dollar to Keep SlidingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token  ( 39 min )

The company’s first-quarter sales rose, led by 8% volume growth for its Smartwater brand.  ( 25 min )

A global excess supply of solar-panels is likely to undermine First Solar's rally, according to analysts at Citi.  ( 22 min )

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The old-school precious metal has new allure for a generation seeking a respite from the cryptocurrency roller coaster  ( 27 min )

The electric-vehicle maker filed its 10-Q form, giving investors another chance to scrutinize its performance.  ( 23 min )

Prezzo will shut 46 loss-making restaurants hit hard by soaring pasta and energy costs, as well as poor footfall.  ( 52 min )

U.S. stock futures fell Monday as the earnings calendar is locked and loaded with heavyweights reporting in every sector.  ( 39 min )

Coca-Cola posts first-quarter sales of $11 billion. Unit case volumes rise 3%.  ( 23 min )

General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )

Coca-Cola reports adjusted earnings that beat analysts' estimates, First Republic is scheduled to report quarterly earnings after markets close Monday, and shares of Bed Bath & Beyond sink after the retailer files for Chapter 11 bankruptcy protection.  ( 23 min )

Oil-field services companies are seeing a shift to long-cycle international projects from short-cycle U.S. production.  ( 26 min )

The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed customers rushing to pull deposits.  ( 27 min )

(Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening euro.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The achievement comes less than two weeks after LVM  ( 39 min )

Credit Suisse is still bleeding—even after its rival UBS promised to buy it out.  ( 40 min )

(Bloomberg) -- The euro zone probably resumed growth in the first quarter as all four of its biggest economies proved resilient enough to shake off the fallout from war on the region’s frontier.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cow  ( 39 min )

Rising geopolitical tensions have boosted defense spending, prompting an industry-wide hiring spree.  ( 27 min )

The uptick in insiders’ share purchases signals corporate optimism, which reassures some investors.  ( 27 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

(Bloomberg) -- Chinese stocks posted their biggest two-day loss this year as geopolitical tensions and signs of an uneven recovery spurred traders to pare exposure ahead of the Golden Week holiday. Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The CSI 300 benchmark closed 1.2% lower to brea  ( 38 min )

(Bloomberg) -- A rally in US stocks leading up to this earnings season presents a near-term risk to equities given the prospect of further Federal Reserve rate hikes and fading profit growth, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024The S&P  ( 38 min )

The retailer has been warning since January that it was contemplating filing for bankruptcy if it wasn’t able to turn its business around quickly.  ( 22 min )

(Bloomberg) -- Big Oil used last year’s unexpected windfall from surging energy prices to shower investors with rewards and pay down debt. As the cash continues to flow in 2023, the question is whether they will find more adventurous uses for their money.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Remat  ( 40 min )

Citi downgraded First Solar (NASDAQ:FSLR) to Sell/High Risk from Neutral and cut its price target to $194.00 from $220.00 given its belief that the company’s long-term outlook for margins and growth will draw increased scrutiny as the global supply of Si-based modules rises while the cost drops. Shares are trading more than 2% lower premarket today. C3.ai (NYSE:AI) shares are trading around 5% lower premarket today after Wolfe Research downgraded the stock to Underperform from Peerperform with a price target of $14.00.  ( 38 min )

The worst bank collapse since 2008 sent shares plunging. The stock is down 88% this year.  ( 22 min )

(Bloomberg) -- Oil kept falling in Asia — after losing almost 6% last week — as the outlook for global demand remained in question and Asian fuel markets flashed warning signs on shrinking refining margins.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get Ch  ( 39 min )

(Bloomberg) -- Stocks mostly fell in Asia as traders await a slew of economic data that may help illuminate the path forward for interest rates. Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastMSCI Inc.’s Asia Paci  ( 40 min )

The central bank is making progess in its effort to fight inflation, which means it may soon stop raising interest rates, at least for a while.  ( 22 min )

Jury selection and opening statements are set to begin Monday in a trial that mashes up Ed Sheeran's “Thinking Out Loud” with Marvin Gaye's “Let's Get It On.” The heirs of Ed Townsend, Gaye's co-writer of the 1973 soul classic, sued Sheeran, alleging the English pop star's hit 2014 tune has “striking similarities” to “Let's Get It On” and “overt common elements” that violate their copyright. The lawsuit filed in 2017 has finally made it to a trial that is expected to last a week in the Manhattan federal courtroom of 95-year-old Judge Louis L. Stanton.  ( 39 min )

Tech company earnings can move the broader market because of the financial results themselves.  ( 23 min )

Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.  ( 39 min )

(Bloomberg) -- The Federal Reserve is sure that the US economy can avoid a recession despite the burden of higher interest rates. Hedge funds seem to agree.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Billionaire Brin Sold Tesla Near Its Peak for New Giving VehicleLeveraged  ( 37 min )

(Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Macron’s Push to Get China’s Help on Ukraine Is Unraveling FastAfter dropping 37% since the start  ( 40 min )

(Bloomberg) -- China’s post-Covid spending spree was supposed to reinvigorate JD.com Inc. But things haven’t gone according to plan.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024After dropping 37% since the star  ( 40 min )

(Bloomberg) -- Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000Bed Bath & Beyond Files for Bankruptcy  ( 40 min )

Troubled regional lender First Republic Bank announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in Q1 2023.  ( 10 min )

Shares of Getty Images (GETY), the provider of stock photos, jumped 31% on April 24, 2023, following news of a buyout bid by Trillium Capital.  ( 10 min )

Personal loan rates have climbed for a fourth consecutive week, taking the average rate another third of a point higher.  ( 11 min )

U.S. equities were mixed and little changed on April 24, 2023, ahead of key tech earnings reports being released in the week.  ( 10 min )

Meta is likely to say that net income for the first quarter declined 28% on lower advertising revenues as the company braces for another round of significant layoffs in May.  ( 11 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

Find out the history behind the controversial FICA cap on wages.  ( 16 min )

Prices of bitcoin and ether—the two largest cryptocurrencies by market capitalization—are usually closely correlated, but that's changing, and it could affect investments and risk management for cryptocurrency investors.  ( 11 min )

Visa, the world’s biggest electronic payments provider, will likely report higher revenues and profit on increased transaction volumes in Q1, as households rely more on credit cards amid high inflation.  ( 11 min )

The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 16 min )

Specialty CDs offer features such as the ability to add to the principal or avoid early withdrawal fees. Some options offer more flexibility, but may have lower rates than standard CDs.  ( 17 min )

A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 14 min )

Life insurance provides essential protection for you and your family. This guide explores life insurance types and companies so you can find the best option for you.  ( 19 min )

Discover why traders use swing charts, how these charts are constructed, and how to start using them.  ( 14 min )

The average cost of flood insurance is around $80 per month, but your rate will depend on the coverage you need, the provider you choose, and more.  ( 17 min )

Inflation and rising interest rates that dampen ad spending may widen Roku's losses and contribute to a first-ever decline in revenue, despite new product launches and a beefed-up Roku Channel.  ( 13 min )

With interest rates at record highs, options abound to earn an excellent return on your savings. But this party won't last forever. Find out now which options are best for you.  ( 14 min )

This week’s cryptocurrencies to keep an eye on are BitTorrent (BTT), Zilliqa (ZIL), UNUS SED LEO (LEO), Toncoin (TON), and TRON (TRX).  ( 12 min )

GM investors will look to see how the company's margins have held up after it refused to slash prices on electric vehicles like its competitors.  ( 12 min )

The average monthly home insurance premium was $1,311 in 2020. See the average home insurance costs in all 50 states and learn how to save money on your policy.  ( 16 min )

PayPal's business model is prioritizes safe transactions between buyers and sellers, but there are still risks to keep in mind. Learn how PayPal compares to credit cards.  ( 18 min )

Larry Kotlikoff, Professor of Economics at Boston University and a two-time presidential candidate, turns the world of financial planning and advice upside down in his book, "Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life." Why he thinks we should marry for money, move back in with our parents, and keep investing through our retirement. Plus, transport stocks and homebuilder stocks are telling two different stories about the economy and the stock market. Which one is right?  ( 12 min )

Mortgage rates moved mildly in different directions for the various loan types, while all of the jumbo rate averages held steady.  ( 12 min )

Greenbrier, Central Japan Railway, and Canadian Pacific lead industry in revenue growth.  ( 14 min )

Rising expenses, primarily from soaring interest costs, likely reduced PacWest Bancorp's profit by about a third in the first quarter.  ( 11 min )

Bed Bath & Beyond filed for bankruptcy after failing in its turnaround efforts and Big Tech companies like Alphabet, Microsoft and Amazon will highlight earnings reports this week. Here’s what investors need to know today.  ( 11 min )

General Electric Co., once America's most valuable company, will probably report a first-quarter profit for the first time in three years as a boom in air travel demand boosts aviation revenue and restructuring begins to bear fruit.  ( 11 min )

Exchange-traded funds (ETF) get the lion's share of investors' money but some choose exchange-traded notes (ETNs). Here are the differences between the two investment vehicles.  ( 16 min )

A company may perform a reverse stock split hoping to avoid being delisted, raise its profile, and attract new investors.  ( 17 min )

De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )

De Noordzee wordt de grootste duurzame energiecentrale ter wereld. Dat hebben Nederland en acht andere landen rondom de Noordzee maandag besloten tijdens de tweede Noordzeetop in België.  ( 3 min )

Coca-Cola schroefde de prijzen afgelopen kwartaal flink op. Daardoor zag de Amerikaanse drankengigant de omzet en winst stevig groeien, blijkt uit cijfers die maandag zijn gepubliceerd.  ( 3 min )

Er moet een verplichte erkenning komen voor installateurs van zonnepanelen. Op die manier moeten misstanden worden voorkomen nu het aantal beunhazen in de sector toeneemt. Het gaat daarbij om bedrijven die de regels aan hun laars lappen en vaak niet geschikt zijn in het werk.  ( 3 min )

De effecten van de stakingen in de distributiecentra van supermarktketen Albert Heijn (AH) beginnen zichtbaar te worden in de winkels. Met name bij winkels in het noordoosten van het land zijn bepaalde producten binnenkort niet meer te krijgen. En de acties duren voort.  ( 3 min )

Er komt maar geen einde aan het gedoe over blauwe vinkjes op Twitter. Alleen mensen die betaalden voor Twitter Blue zouden nog een vinkje houden. Nu blijkt dat directeur Elon Musk eigenhandig abonnementskosten betaalt voor accounts van beroemdheden die daar niet op zitten te wachten.  ( 6 min )

Wie op zoek is naar veel ruimte (en geen buren), kan in Schotland een onbewoond eiland kopen voor 'slechts' 168.000 euro. Het eiland ter grootte van vijftig voetbalvelden kost daarmee minder dan de helft van een gemiddeld huis in Nederland.  ( 3 min )

LVMH, bekend van merken als Louis Vuitton, Moët & Chandon en Hennessy, heeft wat te vieren. Het Franse luxeconcern is nu het eerste Europese bedrijf met een marktwaarde van 500 miljard dollar (ruim 450 miljard euro).  ( 3 min )

ING heeft de storing waardoor klanten maandagochtend geen geld konden overmaken inmiddels verholpen. De storing kwam op een onhandig moment, aangezien veel werknemers vandaag hun salaris ontvangen. In maart ging het ook al fout op de 24e van de maand.  ( 3 min )

Ook in de meivakantie wordt het voorlopig nog geen mooi weer. Voor pretparken lijkt de schade te overzien, maar voor strandtenthouders en ijssalons is het slechte weer aan het begin van het seizoen een fikse domper.  ( 4 min )

Voor de problemen met toeslagen is maar één oplossing: het hele toeslagenstelsel afschaffen. Het systeem vraagt het onmogelijke van burgers, zegt inspecteur-generaal Bart Snels van de Inspectie belastingen, toeslagen en douane tegen Trouw.  ( 4 min )

Albert Heijn heeft sinds zondag te maken met stakingen in de distributiecentra. In vijf van de zes centra hebben werknemers het werk neergelegd, laat de supermarktketen aan NU.nl weten. Nu zijn alle producten nog gewoon verkrijgbaar in de winkels, maar dat kan veranderen als de acties voortduren.  ( 4 min )

Philips heeft de afgelopen jaren veel onderdelen afgestoten, maar heeft wereldwijd nog steeds dezelfde uitstraling als voorheen. De elektrische tandenborstels en scheerapparaten blijven populair onder consumenten en ook de medische apparatuur vindt gretig aftrek. "Mensen kijken echt naar Philips. We blijven absoluut een belangrijke speler", zegt CEO Roy Jakobs tegen NU.nl.  ( 4 min )

Door een storing bij ING kunnen klanten sinds maandagochtend geen geld overmaken naar andere rekeningen. Dat is erg onhandig, want veel mensen ontvangen vandaag hun salaris. Vorige maand ging het ook al fout op de dag dat veel werknemers hun loon ontvingen.  ( 3 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )

Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )

Klanten van Credit Suisse hebben in het eerste kwartaal 61 miljard Zwitserse frank (ruim 62 miljard euro) van hun rekeningen gehaald. De noodlijdende bank ziet het bedrag verder oplopen.  ( 3 min )

Sinds zondag zijn er acties in distributiecentra van supermarktketen Albert Heijn. Die begonnen op kleine schaal, maar lijken over te slaan naar de andere centra. Een woordvoerder van AH laat aan NU.nl weten dat als de stakingen uitbreiden, dat te zien zal zijn in de winkels.  ( 3 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 5 min )

Philips heeft 575 miljoen euro opzijgelegd voor verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneuapparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )

Philips heeft 575 miljoen euro apart gezet voor de verwachte schadeclaims in de Verenigde Staten vanwege productiefouten in slaapapneu-apparaten. De terugroepactie van de apparaten zelf kostte het bedrijf ook al bijna 1 miljard euro.  ( 3 min )

Vanaf maandag betaal je bij Wehkamp 50 cent per geretourneerd kledingstuk. NU.nl nam een kijkje in het retourcentrum van Wehkamp, waar 250 werknemers dagelijks zo'n 50.000 teruggestuurde artikelen checken en sorteren. We vroegen ook waarom het bedrijf deze maatregel nu heeft ingevoerd.  ( 3 min )

Tussen Nederland en het Verenigd Koninkrijk komt een nieuwe elektriciteitsverbinding. Daar wordt voor het eerst een Nederlands windpark op zee rechtstreeks aan gekoppeld.  ( 3 min )

Er komt een nieuwe elektriciteitsverbinding tussen Nederland en het Verenigd Koninkrijk. Daaraan zal voor het eerst direct een Nederlands windpark op zee worden gekoppeld.  ( 3 min )

Vijf provincies in Nederland zagen het afgelopen kwartaal de huizenprijzen stijgen. In de andere zeven provincies daalden de prijzen ten opzichte van een jaar eerder, ziet statistiekbureau CBS.  ( 3 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 1 min )

Crown jewels refer to the most valuable unit(s) of an entity as defined by characteristics such as profitability, asset value, and future prospects.  ( 12 min )

"High-net-worth individual" (HNWI) is a financial industry classification for a person with liquid assets above a certain figure. The minimum used is often $1 million.  ( 17 min )

M2 is a measurement of the nation's money supply that estimates all of the cash that everyone has in hand or in short-term bank deposits.  ( 16 min )

Catfishing is when a person creates a fake online identity to trick someone into a false relationship, often to troll or defraud the victim.  ( 15 min )

You may assume you're going to be one of those people retiring later in life, but you need to have a plan in case you can't work as long as you want.  ( 15 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 12 min )

In postal banking, the post office would offer basic financial services—and a low-cost alternative to check-cashing stores and payday loan providers.  ( 15 min )

A determination letter is issued by the Internal Revenue Service to inform a company whether its employee benefit meets the rules for special tax treatment.  ( 13 min )

Having mold in your home can create numerous challenges. If you’re wondering whether homeowners insurance covers mold, here’s what you need to know.  ( 15 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )

Learn what a t-test is and discover the five standard assumptions made regarding the validity of sampling and data used in a t-test.  ( 12 min )

The Foster School of Business at the University of Washington offers undergraduate, graduate, and doctoral programs in business and other fields.  ( 12 min )

The SECURE 2.0 Act of 2022, part of the Consolidated Appropriations Act (CAA) of 2023, is legislation that contains 92 provisions aimed at strengthening retirement savings in important ways.  ( 17 min )

A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most noteworthy in its use with cryptocurrencies and NFTs.  ( 31 min )

A surviving spouse has many options to handle an inherited IRA, including rolling over funds to their IRA, depleting the account in five years, or assuming ownership of the original IRA.  ( 15 min )

Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )

Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )

The stock market consists of exchanges in which stock shares and other financial securities of publicly held companies are bought and sold.  ( 19 min )

Student loan funds can be used for rent but students who need to stretch their loan dollars may find campus housing is the more affordable choice.  ( 16 min )

The Federal Reserve Bank of Minneapolis is one of 12 regional banks within the Federal Reserve system, overseeing banks in all or part of six Midwestern states.  ( 15 min )

Elon Musk touched upon many themes on Tesla’s recent earnings call, one of which was the lack of lithium refining options. Given lithium is an essential component in EV batteries, there is an unmet need for refined lithium in the EV industry. During the call, Musk said: “Can other people please do this work? That would be great. We’re begging you. We don’t want to do it. Can someone please? Instead of making a picture-sharing app, try lithium mining and refining, heavy industry, come on.” In sho  ( 41 min )

While unlikely, the possibility of oil reaching $200 exists in scenarios such as a major escalation in the Ukraine conflict or underinvestment leading to a reduction in supply.  ( 40 min )

Tesla's price cuts are about sacrificing short-term profits in the hope of attracting more buyers away from traditional carmakers such as Ford.  ( 39 min )

The Bureau of Economic Analysis will release its preliminary estimate of first-quarter gross-domestic-product growth on Thursday,  ( 22 min )

Kenvue plans to start meeting with prospective investors as early as Monday.  ( 29 min )

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Following passage of the Inflation Reduction Act, the IRS will receive almost $80 billion in added funding that will go toward reinventing the agency.  ( 39 min )

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Jeff Shell is out as NBCUniversal CEO due to an "inappropriate relationship"with a female employee.  ( 39 min )

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Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday. In a brief statement, Shell said Sunday would be his last day after what he called “an inappropriate relationship with a woman in the company." “I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege,” Shell said.  ( 37 min )

Bud Light's marketing vice president is reportedly taking a leave of absence following controversy over the brand's work with a transgender celebrity.  ( 23 min )

First-quarter earnings from Coca-Cola, First Republic, Alphabet, GE, McDonald’s, Microsoft, Verizon, Visa, Boeing, Meta, Amazon.com, Caterpillar, and Exxon Mobil.  ( 23 min )

If you plan to buy a house soon, you should be aware of these fee changes that will affect your upfront costs.  ( 39 min )

Bed Bath & Beyond filed for bankruptcy in New Jersey on Sunday, ending its months-long efforts to raise capital and stay afloat.  ( 11 min )

(Bloomberg) -- Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust new Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax this week.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger  ( 42 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 22 min )

If we get an earnings recession or an economic recession there's no guarantee that you’ll get an opportunity to buy stocks at cheaper levels than where they are right now.  ( 43 min )

Landlords are behind a quarter of homes for sale in London as punitive taxes and soaring mortgage rates force buy-to-let investors to quit the market.  ( 38 min )

Elon Musk highlights a challenge facing the EV battery market — a need for more lithium refineries. Some experts, however, expect this market will look like most commodities markets in a decade.  ( 40 min )

Many workers are not confident that Social Security will be around during their retirement. Here’s what you need to know about its future.  ( 18 min )

Time is running out for a last-minute acquisition of Buybuy Baby, which consistently outperforms Bed Bath & Beyond stories.  ( 23 min )

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(Bloomberg) -- Wall Street traders are ignoring warning signs that the rally in technology stocks looks overblown.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireOptimism that the Federal Reserve will pivot from it  ( 40 min )

Social Security—one of America's most popular benefit programs—is wholly run by the government. Does that make Social Security socialism?  ( 23 min )

You can avoid capital gains taxes by investing long-term, taking advantage of tax-deferred retirement plans and offsetting gains.  ( 39 min )

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 41 min )

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(Bloomberg) -- Elon Musk is years behind on his ambition to render Tesla Inc.’s cars fully autonomous. He’s now saying in no uncertain terms that he’s willing to bet the company’s profit margins on making it happen.Most Read from BloombergBud Light Takes the Cowardly Way OutAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Publ  ( 39 min )

Quarterly results will give investors insight into the extent of the damage after sharp deposit outflows at the bank.  ( 27 min )

While markets are up this year, by almost 8% on the S&P 500 and more than 15% on the NASDAQ, they remain volatile – and they have yet to recoup all of last year’s losses. The result is an uncertain market environment, one that investors are not quite sure they can trust, even as they want to buy in. What’s needed here is a reliable tool to find the upwardly mobile stocks, the ones that are primed to win, and to keep winning, in the coming months. That’s where the Smart Score comes in. Based on t  ( 41 min )

Settlement of a $725 million class-action lawsuit over Cambridge Analytica scandal means millions of Facebook users may be able to get money from the social media company.  ( 11 min )

Fox Corp.'s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting machines against former President Donald Trump in 2020. Fox had about $4 billion of cash on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay the settlement during the current quarter.  ( 40 min )

(Bloomberg) -- Even as the outlook brightens for emerging-market debt, bonds from a handful of the riskiest countries are being left behind. And there is little evidence that’s about to change.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-  ( 39 min )

Wellcome Trust sold 1.3 million shares of Facebook parent Meta, and trimmed stakes in Apple and Microsoft stock in the first quarter.  ( 22 min )

Shortage of fiber technicians casts doubt on the White House goal to bring fast internet to every home this decade.  ( 22 min )

Thousands of miles away from the battle lines in Ukraine, a small crew of yellow-jacketed workers is huddled around a gas pipeline on the Norfolk coast.  ( 40 min )

Bed Bath & Beyond's bankruptcy filing comes after months spent searching for additional liquidity amid shrinking inventory levels and declining revenues.  ( 40 min )

First quarter earnings season has gotten off to a better-than-feared start. This coming week, some of the biggest names in the tech industry will put investor sentiment to the test.  ( 41 min )

Bed Bath & Beyond has filed for bankruptcy protection, but its stores and websites will remain open and continue serving customers, the company said. The beleaguered home goods chain made the filing Sunday in U.S. District Court in New Jersey, listing its estimated assets and liabilities in the range of $1 billion and $10 billion.  ( 37 min )

Years of losses and a failed turnaround plan left the retailer struggling to stock stores.  ( 28 min )

(Bloomberg) -- US housewares retailer Bed Bath & Beyond Inc. filed for Chapter 11 in New Jersey, according to a court filing. Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardThe company’s estimated assets are $1 billion to $10 b  ( 40 min )

The net $77.7 billion in equities and ETFs purchased by individuals in the first quarter is near a record.  ( 25 min )

Deposit flight and higher funding costs risk squeezing small businesses and lending beyond big cities.  ( 26 min )

PepsiCo, McDonald’s and Exxon are also set to report amid concerns about the economy and inflation.  ( 26 min )

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Here is your Pro Recap of the biggest fresh dividend hikes, special dividends, and stock buybacks you may have missed this week. Costco Wholesale (NASDAQ:COST) shares rose nearly 2% on Thursday after the company hiked its dividend by 13.3% to $1.02 per share, or $4.08 annualized, for an annual yield of 0.8%. The dividend will be payable on May 19, 2023, to stockholders of record on May 5, 2023, with an ex-dividend date of May 4, 2023.  ( 39 min )

But it won’t necessarily fall apart, writes Christopher Smart.  ( 30 min )

A hedge fund founded by billionaire American investor Ken Griffin has taken a multimillion pound short position in food delivery company Deliveroo.  ( 38 min )

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The Case-Shiller index tracking single-family home price changes in 20 large U.S. metropolitan areas for February is expected to be flat from a year ago, according to estimates. That hasn't happened since 2012.  ( 23 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Het aantal miljonairs is in 2021 opnieuw toegenomen. Van alle Nederlandse huishoudens heeft 4 procent een vermogen van een miljoen of meer. Hun doorsnee vermogen is met 1,6 miljoen euro gelijk gebleven ten opzichte van 2020.  ( 4 min )

Werknemers van distributiecentra van Albert Heijn gaan zondagavond en maandag staken. Dat doen ze omdat een ultimatum dat vakbonden CNV en FNV hadden gesteld, is verlopen. De staking kan ervoor zorgen dat supermarkten van AH niet meer bevoorraad worden en er lege schappen ontstaan.  ( 3 min )

De prijs van olijfolie is de afgelopen tijd naar recordhoogte gestegen, schrijft Financial Times zondag. De oorzaak is de aanhoudende droogte in Spanje, de grootste olijfolieproducent ter wereld.  ( 3 min )

Duitse vakbonden en werkgevers hebben na maanden van onderhandelingen en stakingen een cao-akkoord gesloten. De cao krijgt een looptijd van twee jaar en geldt voor 2,5 miljoen medewerkers in de publieke sector, zoals buschauffeurs, brandweerlieden en artsen.  ( 3 min )

Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )

Terwijl de overheid steeds meer geld gaat pompen in kinderopvang, komen er meer investeerders op af. Dat kan goed zijn voor de nodige groei van opvangplekken, maar publiek geld belandt zo wel in diepe zakken. Moet de overheid ingrijpen?  ( 4 min )

Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )

Het weer houdt ons altijd bezig, zeker als het niet doet wat we verwachten of willen. Zo smachten we nu allemaal naar mooi weer, maar laat dat nog op zich wachten. Meteorologen houden ons constant op de hoogte, en daar zit een aardige beloning aan vast.  ( 4 min )

Het bedrijfsleven heeft de afgelopen jaren veel over zich heen gekregen. De coronacrisis, de oorlog in Oekraïne, de torenhoge inflatie en de hoge energie- en grondstofkosten hebben geleid tot veel problemen en onzekerheid. Bovendien is er nog steeds sprake van een groot personeelstekort en een oplossing is verder weg dan ooit.  ( 5 min )

Proof-of-Stake (PoS) is a cryptocurrency consensus mechanism used to confirm transactions and create new blocks through randomly selected validators.  ( 17 min )

We compared long-term disability insurance quotes, average costs, and ways to save to help you determine if long-term disability insurance is worth it.  ( 14 min )

Opening a crypto exchange account is an essential step in buying Shiba Inu (SHIB). Learn what you need to open a crypto exchange account and how to do it.  ( 25 min )

Bitcoin Private (BTCP) is an open-course cryptocurrency that allows senders and receivers to remain untraceable.  ( 14 min )

Learn about Pinterest and the type of company it is trying to become. Understand the company's business model and what makes it unique.  ( 14 min )

Speculative flow is the movement of hot money into shares of a sector or specific company or an asset class in an attempt to earn short-term gains.  ( 17 min )

D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectation with its first quarter results, suggesting the housing market may be stronger than it seems.  ( 12 min )

Oscar-winning actor Leonardo DiCaprio amassed a net worth of about $300 million from his acting career and real estate portfolio. As a climate activist he also backs sustainable companies from plant-based foods to vegan leather.  ( 15 min )

Certificates of deposit can have different terms. Learn how short-term and long-term CDs compare.  ( 16 min )

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Anheuser-Busch has decided to shake up its marketing leadership after its Bud Light brand became, quite literally, a target for conservatives.  ( 38 min )

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All eyes were on CEOs of the Wall Street giants for cues on how markets will weather murky economic conditions.  ( 39 min )

(Bloomberg) -- The latest US figures on growth, inflation and wages will be released in the coming week — some of the final marquee reports the Federal Reserve will have in hand before its May policy meeting.Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAlphabet CEO’s Pay Soars to $226  ( 42 min )

(Bloomberg) -- Bond traders are taking little solace in the market’s recent calm for a simple reason: It’s not likely to last. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutTwo-year US Treasury yields, some of the most sensitiv  ( 39 min )

(Bloomberg) -- Add central banks to the wall of worry for global credit markets.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardBud Light Marketing Executive Takes Leave After Controversy: Ad AgeCities Keep Building Luxury Apartments Almost No One Can AffordBud Light Takes the Cowardly Way OutThis year’s rally in risk assets is more to do with a $1 trillion central bank liquidity injection th  ( 39 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

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Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.  ( 38 min )

(Bloomberg) -- At least nine members of Congress sold banking stocks before and during the market turmoil in March, the Financial Times reported. Most Read from BloombergBud Light Takes the Cowardly Way OutElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardJosh Gottheimer, a New Jersey Demo  ( 37 min )

In 2019, half of the 35 million older adults and younger persons with disabilities with traditional Medicare spent at least 16% of their income on out-of-pocket health care costs.  ( 42 min )

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Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled  ( 37 min )

Fast growing restaurant chain Raising Cane's is investing more than $9 million dollars into its workforce. Co-CEO and COO AJ Kumaran said the return of investment is far higher.  ( 37 min )

(Bloomberg) -- It’s still early in earnings season, but the results so far are coming in strong enough that some on Wall Street are starting to wonder if they were too pessimistic about Corporate America’s performance.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareBud  ( 39 min )

The Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) places a unique focus on small-cap stocks with high free cash flow yields. We’ll delve into the specifics of its strategy and holdings in this article, but one thing that immediately jumps out about this ETF is its outstanding performance over the past several years. For the quarter that ended on March 31st, CALF has returned a phenomenal 31.5% annually over the previous three years. Let’s take a look at the specifics and discuss why CALF coul  ( 41 min )

(Bloomberg) -- Sometimes when volatility jolts financial markets, the safest trades can quickly morph into dangerous bets.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireBud Light Marketing Executive Takes Leave After Controversy: Ad AgeAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignThat’s what’s happening now in some corners,  ( 40 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

One of the biggest threats to your retirement savings isn't inflation, a stock market swoon or even bad investment picks – it's you. That's because when a financial crisis hits, many workers start draining their retirement accounts in order to … Continue reading → The post No Emergency Fund? Your Retirement Is at Risk appeared first on SmartAsset Blog.  ( 39 min )

There are some key changes happening in the markets.  ( 40 min )

D.R. Horton (DHI), America’s largest homebuilder for the past two decades, trounced analyst expectations with its first quarter results, suggesting the housing market may be stronger than it seems.  ( 12 min )

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(Bloomberg) -- Federal Reserve officials are on track to raise interest rates a quarter percentage point next month and signal a potential pause from the steepest hiking campaign in decades.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareEuropeans Are Rethinking Summer  ( 39 min )

Results from a number of mid-sized lenders showed that regional banking isn't getting any easier.  ( 41 min )

Apple (NASDAQ:AAPL) has never had great success in penetrating the Indian market, with less than 2% of its global revenues generated there, amounting to roughly $6 billion. While Apple’s overall revenue from India is relatively small, the tech giant is making a concerted effort to capture more of the market. In this regard, Apple is opening its first retail stores in Mumbai and New Delhi. For Wedbush’s Dan Ives, the openings could provide a big boost to the top-line. “Apple is now aggressively l  ( 38 min )

The house is the biggest financial asset for millions of retirees and empty nesters, and many are mismanaging it.  ( 22 min )

The divergence between one-month and three-month bills is the largest on record.  ( 26 min )

Southern Company and Costco Wholesale are also on the list of big U.S. companies that have unveiled higher dividends this week.  ( 23 min )

A wiggle of the eyebrow was all it used to take. Such was the power of the Governor of the Bank of England's furrowed brow that not a word was needed to get the message across, according to Threadneedle Street lore.  ( 42 min )

Elon Musk could be entering the "end game" as Tesla, Twitter, and SpaceX CEO as the tech mogul faces his mountain of debt, one investor said.  ( 38 min )

The recent failures of Silicon Valley Bank and Signature have focused attention on regional lenders’ weaknesses.  ( 27 min )

An appeals court blocked a Berkeley, Calif., ordinance banning natural gas piping in new buildings. That has thrown a road block on a growing nationwide ban and given a reprieve, probably temporary, to natural gas. .  ( 23 min )

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Companies are beating their numbers, and profit estimates are being revised higher.  ( 23 min )

A trio of former Twitter executives must refile their lawsuit against the company because CEO Elon Musk renamed the firm to "X Corp."  ( 38 min )

Britse pubeigenaren wrijven in hun handen wegens de aanstaande kroning van koning Charles. Het lange feestweekend van vrijdag 5 mei tot en met maandag 8 mei kan naar verwachting in totaal 350 miljoen pond (zo'n 392 miljoen euro) extra opleveren.  ( 4 min )

Het aantal zzp'ers in ons land blijft in rap tempo toenemen. Steeds meer mensen in de zorg, bouw en horeca worden zelfstandig ondernemer of laten zich flexibel inhuren. En dat is koren op de molen voor zzp-bemiddelaars en detacheringsbureaus.  ( 4 min )

De meivakantie is begonnen en daardoor is het zaterdagochtend druk op Schiphol. In vertrekhallen 2 en 3 staan op sommige plaatsen wel rijen, maar volgens de luchthaven is de doorstroom goed. Een woordvoerder geeft aan dat dit het beeld is waar Schiphol gedurende de vakantieperiode ongeveer vanuit gaat.  ( 3 min )

De CO2-uitstoot moet de komende jaren omlaag in Europa. Daarom moeten bedrijven en ook burgers gaan betalen voor de broeikasgassen die ze uitstoten. Hoe werkt dat?  ( 3 min )

Het aantal zzp'ers in ons land blijft in rap tempo toenemen. Steeds meer mensen in de zorg, bouw en horeca worden zelfstandig ondernemer of laten zich flexibel inhuren. En dat is koren op de molen voor zzp-bemiddelaars en detacheringsbureaus.  ( 4 min )

Na een onstuimig jaar ligt de prijs voor een megawattuur gas inmiddels al enkele maanden tussen de 40 en 50 euro. Is dit 'het nieuwe normaal'? En welke gevolgen heeft het voor onze energierekening als de prijs zo blijft?  ( 5 min )

Railroad earnings showed signs of a slowing economy and Mark Zuckerberg said hiring will slow and more layoffs are possible at Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 1 min )

Markets finished flat to higher on April 21, 2023, with a boost from the consumer staples and consumer discretionary sectors.  ( 1 min )

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The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry disconcerted business leaders, though analysts cautioned that the proposal appears to try to strike a middle ground between competing interests. President Gabriel Boric announced in a national broadcast Thursday night that private companies will have to partner with the government in exploiting Chile's lithium, a metal used to make rechargeable batteries. Boric said the state would take a controlling interest in each partnership, leading some to call it a nationalization of the industry, while others disagreed.  ( 41 min )

Stocks have barely budged so far this month. That could be the calm before the storm—or the calm that persists for years. Investors won’t like either.  ( 23 min )

(Bloomberg) -- Shockwave Medical Inc. is attracting takeover interest from Boston Scientific Corp. as health-care dealmaking starts to rebound, people with knowledge of the matter said. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardCities Keep Building Luxury Apartments Almost No One Can AffordChina Chips’ Market-Beating Rally at Risk as US Tensions FlareEuropeans Are Rethinking Summer Vaca  ( 38 min )

Amazon-owned Whole Foods says it is cutting several hundred jobs as part of a process to simplify the grocery chain's operations. The company plans to make changes to some regional and global support teams over the next two months, according to a memo sent to employees Thursday by the Whole Foods executive team. The layoffs will take place as part of that shift and will affect less than 0.5% of the company's total workforce, a Whole Foods spokesperson confirmed.  ( 38 min )

Mike Bloomberg, the billionaire founder of Bloomberg LP, plans to leave his media and financial information juggernaut to his charity, a spokesperson for the business confirmed, clearing up years of speculation about what will happen to the company when its 81-year-old leader steps back.  ( 37 min )

(Bloomberg) -- The pay package awarded to Alphabet Inc. Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a triennial stock award valued at $218 million, dwarfing the compensation of many Silicon Valley peers. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Busines  ( 38 min )

(Bloomberg) -- PacWest Bancorp, a regional bank left reeling following the collapse of two rival lenders last month, is exploring a sale of its lender finance arm, according to people familiar with the matter. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Increases Price of Model S, X in US After Shares SlumpAirline Blunder  ( 38 min )

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China’s first-quarter GDP grew faster than expected after a Covid-racked 2022. But some strategists question whether it has the strength to drive a sustainable recovery.  ( 23 min )

Also, Wall Street opinions on AT&T, Citigroup, Dentsply Sirona, and Agilysys  ( 23 min )

The green economy isn’t just an idea or a goal for the future; it’s already here, shaping choices of producers and consumers in industries as diverse as food distribution and energy generation. Specifically, green incentives are fueling a boom in residential solar power installations. As this trend matures, it will provide increasing benefits to users, consumers, professionals, and investors. But we’ll be talking here about residential solar installations. These home power units are seeing solid  ( 41 min )

While Wall Street has been fairly blasé about the potential for a market-shaking default by the U.S. in the coming months if lawmakers are unable to agree on a deal to raise the debt ceiling, there are signs that concerns are growing. Bloomberg’s Alex Harris says Friday the yield premium for securities that are exposed to the risk of a U.S. default has been rising, while the premium on those with no exposure has been falling. “Investors right now are demanding higher yields on securities that ar  ( 37 min )

Here are seven major companies whose stocks moved on the week’s news.  ( 26 min )

The group has accumulated nearly $1 billion in AUM.  ( 38 min )

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Caffeine has become a staple of the modern-day working scene. Millions of people around the world wake up to a cup of caffeine. Later in the day, they hit their local corner store for an energy drink and maybe even some pre-workout before the gym. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry While the top performers in the U.S. stock market over the past quarter-century encompass some of the biggest agents of social change and creators of groundbreaking technology. B  ( 39 min )

The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows.  ( 38 min )

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Food demand is rising while the supply of arable land is shrinking. Companies that help farmers boost yields stand to benefit in the long run, finds a new report.  ( 23 min )

(Bloomberg) -- US bank deposits fell last week, indicating the financial system remains fragile after a string of bank failures.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpDeposits decreased by $76.2 b  ( 38 min )

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A hypothetical stock portfolio has taken hands-off investing to a whole new level. Jeffrey Ptak, a chartered financial analyst (CFA) for Morningstar, recently devised a passive investment portfolio that's based on the composition of the S&P 500. But instead of … Continue reading → The post How This ‘Do Nothing Portfolio' Can Beat the S&P 500: Sit Back and Get Rich appeared first on SmartAsset Blog.  ( 40 min )

Free cash flow in the first quarter came in at $1 billion, but management is sticking with a forecast that it will total $16 billion for the full year.  ( 23 min )

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(Bloomberg) -- Investors are losing their ability to resist a stock rally that much of Wall Street is convinced is doomed.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordAlphabet CEO’s Pay Soars to $226 Million on Huge Stock AwardEuropeans Are Rethinking Summer Vacations Because of OvercrowdingUS Supreme Court Keeps Abortion Pill Fully Available for NowMore than $12.6 billion has been sent  ( 40 min )

The debt ceiling’s X-date could be reached as soon as mid-June.  ( 23 min )

Producers' shares decline; price impact on recently volatile commodity less clear  ( 13 min )

Elon Musk’s electric-vehicle maker has cut prices and increased market share—at the cost of profitability. But its growth scenario through the end of the decade remains intact, and the stock’s volatility offers opportunities for bargain hunters.  ( 23 min )

Avoid paying excess taxes with an IRA rollover with some simple transfer rules.  ( 17 min )

On Aug. 16, President Joe Biden signed the Inflation Reduction Act into law, directing billions of dollars to Americans looking to upgrade their homes, businesses and cars. Don’t Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry One provision of the law allows Americans making less than $150,000 a year to claim a $7,500 tax credit for buying an electric car. The law also provides $9 billion in rebates to help people electrify their home appliances and make their houses more ene  ( 37 min )

Deloitte says it’s taking personnel actions where necessary and is reportedly cutting 1,200 jobs  ( 37 min )

Few things are more entrenched on Wall Street than Michael Bloomberg's terminal, which is ubiquitous across finance.  ( 38 min )

The ride-share company says jobs will be cut but declines to confirm The Wall Street Journal's report that 1,200 staff will be eliminated in the company's latest round of layoffs.  ( 23 min )

A holder who hadn’t touched their crypto for a decade just moved over 279 BTC, or $7.8 million worth of the crypto, to new wallets.  ( 37 min )

Stocks closed positive on Friday as investors digested a final slate of corporate earnings and new economic data to close out the week.  ( 39 min )

(Bloomberg) -- The Chilean government’s announcement of a new lithium model is giving the nation’s biggest producer some hard choices, and its shareholders a reason to sell.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpMeet the Guy Who Scored $250,000 of Tickets for  ( 38 min )

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Imagine this scenario — three very different real estate investment trusts (REITs) priced between $3.50 and $7.15 per share. All three REITs sport dividend yields between 6% and 16.85%, and all three have recent price gains between 13% and nearly 22%. Does this sound far-fetched or maybe even impossible? Take a look at three REITs that fit these criteria on all three measures: Creative Media & Community Trust Corp. (NASDAQ: CMCT) is a Dallas-based office REIT that acquires, operates and develops  ( 39 min )

Workers between ages 27 and 42 allocated a third of their retirement assets on average to cash last year.  ( 39 min )

Barron's thinks Apple can get into the car business in a smart way by buying Visteon. If the iPhone maker doesn't, someone else might.  ( 23 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 13 min )

The ARK Invest CEO said Tesla’s prospective robotaxi business is “one of the most important investment opportunities of our lifetimes.”  ( 39 min )

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The founder of ARK Invest had one of the most aggressive price targets for the EV maker. Her firm just got even more aggressive.  ( 23 min )

Elon Musk’s electric-vehicle maker has cut prices and increased market share—at the cost of profitability. But its growth scenario through the end of the decade remains intact, and the stock’s volatility offers opportunities for bargain hunters.  ( 23 min )

Stock teetered on both sides of the flatline in intraday trading on Friday as investors digested a final slate of corporate earnings and new economic data to close out the week.  ( 39 min )

(Bloomberg) -- Battered regional banks got a vote of confidence from the one-time king of the bond world. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Increases Price of Model S, X in US After Shares SlumpMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorIn his investment outlook published Fri  ( 38 min )

Lowering prices to make up sales in volume is a strategy that some analysts believes shifts the competition set for Tesla. And benefits carmakers that choose to remain focused on the luxury market.  ( 39 min )

(Bloomberg) -- With all the angst bearing down on Charles Schwab Corp., the brokerage may be worth a lot more without its bank.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Increases Price of Model S, X in US After Shares SlumpMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorThat’s the thinkin  ( 39 min )

Lithium stocks, including Albemarle Corp (NYSE: ALB), Sociedad Quimica Y Minera S.A. (NYSE: SQM), and Livent Corp (NYSE: LTHM) are trading lower Friday after Chilean President Gabriel Boric shared plans to nationalize the country's lithium industry and create a separate state-owned company to produce the metal used to make electric vehicle batteries. Boric proposed to issue future lithium contracts as public-private partnerships with state control, Reuters reports. He added that the government w  ( 38 min )

(Bloomberg) -- Thinning profits at Tesla Inc. and signs of broader weakness in the US auto industry are sending ominous signals for the US economic outlook.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Increases Price of Model S, X in US After Shares SlumpI  ( 39 min )

(Bloomberg) -- The municipality of Marion had planned to finance a new $10 million firehouse with a bond deal later this year, but that project and others are on pause because the city north of Columbus, Ohio, doesn’t have a credit rating.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireCities Keep Building Luxury Apartments Almost No One Can AffordSpaceX Says It Blew Up Starship Rocket After Engine MishapAirline Blunder Sells $10,000 Asia-US Business  ( 38 min )

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The debt ceiling’s X-date could be reached as soon as mid-June.  ( 23 min )

(Bloomberg) -- US business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorUS, Ukraine  ( 37 min )

After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models. The hike could be an effort to appease investors, who dumped shares of Tesla on Thursday after earnings and profit margins dropped due to previous price cuts. The lowest-price Model S now starts at $87,490, while the base price for the X is $97,490, according to Tesla's website early Friday.  ( 38 min )

Bitcoin fell to US$28,000 in the same week the European Parliament passed its landmark crypto framework. Industry analysts told Forkast that holding US$27,500 will be crucial for Bitcoin in order to spark an upward momentum.  ( 39 min )

(Bloomberg) -- AT&T Inc. shares rose 2.6% on Friday, after HSBC took advantage of a steep earnings-driven selloff to upgrade the telecom company to buy from hold. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorTesla Increases Price of Model S, X in US  ( 38 min )

The stock fell the most in a single day since 2000 on Thursday after the telecom company reported far less free cash flow than expected.  ( 23 min )

J.P. Morgan analyst Doug Anmuth maintains his Overweight rating and $135 price target on shares in a Friday report.  ( 23 min )

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As gold hovers around the psychologically significant $2,000 price level, an exciting technical indicator seems to be emerging, signaling a potential upside for the precious metal. A bullish pattern known as the "cup and handle'' may be forming on gold's price chart, potentially foreshadowing a new era of growth for the safe-haven asset. This article breaks down what this pattern usually means, how it could impact gold prices in the near and distant future and how the current geopolitical landsc  ( 38 min )

(Bloomberg) -- Day traders are paying a price for their newfound love affair with one of the hottest trades in the equity market. Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapMeet the Guy Who Scored $250,000 of Tickets for $17,000 After Airline ErrorUS, Ukraine Allies Consider Near-Total Ban on Exports to RussiaRushing to j  ( 39 min )

The machinery maker’s shares have gotten hit hard to start the year, and look cheap heading into its results.  ( 23 min )

A federal bankruptcy judge Michael Kaplan temporarily held around 38,000 lawsuits alleging Johnson & Johnson's (NYSE: JNJ) baby powder and other talc products caused cancer as a part of J&J's second attempt to settle thousands of talc cases in bankruptcy proceedings. In 2021, Johnson Johnson spun off its subsidiary, LTL Management, to carry its talc-related liabilities and file for Chapter 11 bankruptcy protections. J&J will not have to go to trial over any other talc claims during the pause, bu  ( 38 min )

Regions Financial Corporation (NYSE: RF) clocked revenue growth of 22% year over year in the first quarter of FY23 to $1.95 billion. Revenues, however, missed the consensus of $1.97 billion. Net interest income jumped 39.6% Y/Y to $1.42 billion. Provision for credit losses in the quarter under review stood at $135 million, compared to the benefit of $36 million in the year-ago period. Common Equity Tier 1 ratio at the Q1 end totaled 9.8%, higher than 9.4% in 1Q22. Net income available to common  ( 38 min )

The German software company adjusted its full-year outlook downward to reflect the divestment of its majority stake in Qualtrics, sold to Silver Lake last month.  ( 23 min )

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Deciding between a traditional individual retirement account (IRA) and a Roth IRA can be difficult. Choosing when or if you should convert your IRA funds to a Roth account can be even more daunting. Experts commonly recommend that investors compare … Continue reading → The post When Should You Consider a Roth Conversion? Vanguard Has an Answer appeared first on SmartAsset Blog.  ( 40 min )

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If you're approaching retirement age, chances are you need to brush up on your Social Security knowledge. A recent MassMutual poll found that most people nearing retirement age don't know the ins and outs of this vital safety net program. … Continue reading → The post 65% of People Struggled With These Social Security Questions: Can You Get Them Right? appeared first on SmartAsset Blog.  ( 40 min )

Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don’t go up — you still make money (from the dividend). Heck, even when a dividend stock goes down in price, it’s not all bad news, because the dividend yield (the absolute dividend amount, divided by the stock price) gets richer the more the stock falls in price. Knowing all this, wouldn’t you like to find great dividend stocks? Of course you would. J.P. Morgan analysts have chim  ( 41 min )

The SPDR S&P Oil & Gas Exploration & Production ETF is trading flat since before the cartel and its allies agreed to cut output by 1.2 million barrels a day.  ( 23 min )

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If my work is correct and the Dollar Index firms, then bullion would likely pull back to the $1950 area.  ( 23 min )

J.P. Morgan analyst Doug Anmuth maintains his Overweight rating and $135 price target on shares in a Friday report.  ( 22 min )

P&G surprises a few on Wall Street with its quarterly resilience.  ( 39 min )

SAP SE (NYSE: SAP) reported first-quarter FY23 revenue growth of 10% year-on-year to €7.44 billion. Total revenue was up 9% at constant currencies. Cloud revenue increased 22% Y/Y to €3.18 billion at CC. Software licenses and support revenue declined 2% Y/Y to €3.18 billion at CC. Cloud and software revenue grew 8% Y/Y to €6.36 billion at CC. Cloud backlog was up 25% Y/Y to €11.15 billion at CC. Non-IFRS cloud gross margin was up 290 bps to 71.4% at CC, driven by expanding gross margins across a  ( 38 min )

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Procter & Gamble's quarterly figures beat expectations, with earnings per share of $1.37, up 3%, and net sales of $20.1 billion, up 4%.  ( 23 min )

Higher crude prices and a squeeze on supplies helped boost demand at the oil-field services company.  ( 22 min )

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Stock futures teetered on both sides of the flatline in pre-market trading on Friday morning as investors digested a final slate of corporate earnings to close out the week.  ( 38 min )

The German brand reported a very strong first quarter, but investors are still waiting for the great reset.  ( 26 min )

It’s not all happy meals these days in the land of Ronald McDonald.  ( 38 min )

Verizon (VZ), America’s second-largest telecommunications company by revenue and the largest by subscriber count, likely will report modest earnings growth for Q1 as gains in postpaid and wireless business slow.  ( 12 min )

Viral criticism of leaked speeches highlight how tough it is to light a fire under employees in the hybrid workplace.  ( 26 min )

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Splashy new financial offerings show that the world’s most valuable company is charging further into the world of money. Its ambitious plans seem to be coming to fruition at just the right time.  ( 27 min )

Tesla is rising Friday after the market cap of the world's most valuable car company lost $55.69 billon on Thursday following a disappointing earnings report, while Meta's market value jumped over Tesla's for the first time since December 2021. Meanwhile, Meta CEO Mark Zuckerberg told employees that he won’t rule out future layoffs, The Wall Street Journal reports.  ( 23 min )

Lachlan Murdoch has dropped a defamation lawsuit against an Australian news website just days after Fox News agreed to pay $788m (£635m) to settle a case with Dominion Voting Systems.  ( 38 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 20 min )

(Bloomberg) -- Tesla Inc. increased the prices of Model S and Model X vehicles in the US, after the company’s share price slumped following first quarter earnings. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Elon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Consider Near-Total Ban on Exports to RussiaMeet the Guy Who Scored $250,000 of Tickets for $17,0  ( 38 min )

(Bloomberg) -- Asian equities followed Wall Street lower with risk appetite taking a hit from data showing a softening in US manufacturing and its labor market. Traders bought the dollar and the yen on concern of rising tension between America and China.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Elon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireSpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Conside  ( 40 min )

Whether Iger can pull off a turnaround may ultimately define his legacy.  ( 38 min )

The German software company adjusted its full-year outlook downward to reflect the divestment of its majority stake in Qualtrics, sold to Silver Lake last month.  ( 23 min )

(Bloomberg) -- Dalian Wanda Group Co. has become the latest source of angst in China’s credit market, with dollar bonds of billionaire Wang Jianlin’s conglomerate sinking to distressed levels just months after they were issued.Most Read from BloombergElon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across EmpireAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300SpaceX Says It Blew Up Starship Rocket After Engine MishapUS, Ukraine Allies Consider Near-Total Ban on Exports  ( 38 min )

If my work is correct and the Dollar Index firms, then bullion would likely pull back to the $1950 area.  ( 23 min )

In the first quarter of this year, total healthcare and life sciences M&A in the U.S. was about $71 billion, according to KPMG.  ( 23 min )

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Do you wonder where the stock market is headed? Well, Wells Fargo’s senior global market strategist, Scott Wren, has a prediction for the S&P 500. Wren believes that the index will remain range-bound, with a low end around 3,600 and a top end around 4,300, for the remainder of the year. Wren’s advice is not to chase the market when it nears that peak, but to make use of any pullbacks. As for the best stocks to load up on in the current climate, Wren has an idea about those too. “We want to focus  ( 41 min )

10 of the most-often cited habits of people who have enjoyed success in business and in life.  ( 16 min )

Even if your unemployment overpayments are not your fault, you still be on the hook to pay it back unless you act.  ( 20 min )

Markets finished flat to higher on April 21, 2023, with a boost from the consumer staples and consumer discretionary sectors.  ( 10 min )

A regional bank is defined by the size of its assets, according to Federal Reserve standards. A regional bank as between $10 billion and $100 billion in assets.  ( 18 min )

Gap insurance is usually an inexpensive coverage. Learn how much gap insurance costs, what factors impact your premium, and which insurers offer gap insurance.  ( 14 min )

A Roth 401(k) lets you save more for retirement now and take advantage of tax-free withdrawals later.  ( 18 min )

Almost 30% of 25-year-olds own their own homes, a higher percentage than their parents at the same age  ( 11 min )

Producers' shares decline; price impact on recently volatile commodity less clear  ( 12 min )

Avoid paying excess taxes with an IRA rollover with some simple transfer rules.  ( 17 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

Most mortgage averages retreated, erasing some of their four-day gains. Only the jumbo averages held their ground.  ( 13 min )

A defined contribution (DC) plan is a retirement plan in which employees allocate part of their paychecks to an account funding their retirements.  ( 18 min )

Tesla raised prices of Model S and Model X in the U.S. after its price cut strategy and higher commodity prices dented margins in the first quarter.  ( 11 min )

The average cost of motorcycle insurance is about $60 per month, but your age, location, and driving history will impact your individual premium.  ( 16 min )

Google's parent company, Alphabet, is likely to report its slowest pace of cloud revenue growth in about seven years for Q1 2023, the result of an industrywide slowdown amid inflation and rising interest rates.  ( 12 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 14 min )

Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 14 min )

Hawala is a way to send money informally without the movement of actual currency. Read how hawala works, where it is illegal, and how governments regulate it.  ( 17 min )

Railroad earnings showed signs of a slowing economy and Mark Zuckerberg said hiring will slow and more layoffs are possible at Facebook parent Meta Platforms. Here’s what investors need to know today.  ( 12 min )

Microsoft is expected to say earnings were unchanged from the year before in the most recent quarter. Investors will be looking for cloud and ChatGPT outlooks after a $10 billion investment in AI.  ( 11 min )

Verizon (VZ), America’s second-largest telecommunications company by revenue and the largest by subscriber count, likely will report modest earnings growth for Q1 as gains in postpaid and wireless business slow.  ( 11 min )

An inflationary gap measures the difference between the gross domestic product (GDP) and the potential GDP of an economy at full employment.  ( 15 min )

A fixed cost is a cost that does not vary with the level of production or sales.  ( 19 min )

Zero cost strategy refers to a trading or business decision that does not entail any expense upon execution.  ( 17 min )

Digital currency are digital formats of currencies that do not exist in physical form. They can lower transaction processing costs and enable seamless transfer across borders.  ( 19 min )

Alle twitteraars met een geverifieerd account zijn hun blauwe vinkjes kwijtgeraakt. Daardoor is het moeilijker geworden om een echt account te onderscheiden van een namaakprofiel. Met een aantal tips kun je dit alsnog controleren.  ( 4 min )

Nicotinezakjes zonder tabak zijn voortaan verboden in ons land, heeft het kabinet besloten. Verder komt er ook een reclameverbod voor dit soort producten. Daarmee wordt het gebruik van alternatieve rookvrije producten steeds verder ingedamd.  ( 3 min )

Deze week sluiten moslims wereldwijd de ramadan af met Ied-al-Fitr, in Nederland ook wel bekend als Suikerfeest. Veel moslims vieren dit door geld te schenken aan een goed doel en te eten met familie en vrienden. Hoe wordt het feest dit jaar gevierd, nu het leven zo duur is door de inflatie?  ( 5 min )

Beleggingsinstellingen moeten scherper toezien op betalingen die kunnen wijzen op witwassen of terrorismefinanciering. Dat zegt de Autoriteit Financiële Markten (AFM). Op dit moment meldt slechts 11 procent van die instellingen verdachte transacties.  ( 3 min )

De gemiddelde loonstijging is momenteel historisch hoog, maar dat betekent niet dat de onvrede onder werknemers is verdwenen. In verschillende sectoren heerst onrust. Bij de schoonmakers, in de zuivelsector, op universiteiten en in distributiecentra van Albert Heijn dreigen acties. En daarmee is het hoogtepunt nog lang niet voorbij.  ( 4 min )

De gemiddelde loonstijging is momenteel historisch hoog, maar dat betekent niet dat de onvrede onder werknemers is verdwenen. In verschillende sectoren heerst onrust. Bij de schoonmakers, in de zuivelsector, op universiteiten en in distributiecentra van Albert Heijn dreigen acties. En daarmee is het hoogtepunt nog lang niet voorbij.  ( 4 min )

Als je online iets wil opzoeken, is de kans groot dat je naar Google gaat. Maar steeds vaker gebruiken we kunstmatige intelligentie, zoals ChatGPT of Bing AI van Microsoft. En zo zit zoekgigant Google opeens in een concurrentiestrijd waar het eigenlijk nog niet klaar voor was.  ( 4 min )

Als je online iets wil opzoeken, is de kans groot dat je naar Google gaat. Maar steeds vaker gebruiken we kunstmatige intelligentie, zoals ChatGPT of Bing AI van Microsoft. En zo zit zoekgigant Google opeens in een concurrentiestrijd waar het eigenlijk nog niet klaar voor was.  ( 4 min )

Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".  ( 3 min )

De Nederlandse overheid moet alsnog een schadevergoeding van ruim 800 miljoen euro betalen aan de obligatiehouders van de SNS bank en SNS Reaal. De Hoge Raad heeft vrijdag bepaald dat de eerdere uitspraak hierover in stand kan blijven.  ( 3 min )

Schiphol verwacht vrijdag zo'n 70.000 vertrekkende passagiers. De luchthaven zegt dat ze goed is voorbereid op de drukte van de meivakantie en verwacht geen problemen zoals vorig jaar, toen er lange wachtrijen ontstonden door een tekort aan beveiligers.  ( 3 min )

Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".  ( 3 min )

Luchtvaartmaatschappijen die klachten hebben ingediend over de aangepaste tarieven van Schiphol, hebben geen gelijk gekregen van de Autoriteit Consument & Markt (ACM). De aangepaste tarieven van de luchthaven zijn volgens de toezichthouder "niet onredelijk".  ( 3 min )

Beleggers in Credit Suisse slepen toezichthouder FINMA voor de rechter. Ze zijn boos omdat sommige obligaties opeens niets meer waard waren nadat de Zwitserse bank was overgenomen door UBS.  ( 3 min )

Het internationale treinverkeer van Amsterdam naar steden als Frankfurt, Berlijn en Basel ondervindt vrijdag grote hinder van de staking van het Duitse spoorwegpersoneel. Er zijn meer dan tien internationale treinen van en naar Nederland uitgevallen. Dat aantal kan nog oplopen.  ( 3 min )

Supermarktketens en winkeliers hebben weinig oog voor de vastenperiode van moslims en Ied-al-Fitr (Suikerfeest). Doordat sommige filialen bepaalde producten niet verkopen, lopen ze veel omzet mis.  ( 4 min )

Shares of AT&T (T) plunged 10% after the telecom giant reported disappointing subscriber growth and lower-than-expected revenue.  ( 1 min )

A bankruptcy report pushed Bed Bath & Beyond shares down by 25% and Tesla shares were down after its price cuts slashed into its profit margins. Here’s what investors need to know today.  ( 1 min )

Major U.S. equities indexes fell on April 20, 2023, as electric vehicle and tech stocks dragged on the markets.  ( 1 min )

Investors' use of tax-loss harvesting involves knowing both the positives and the negatives.  ( 17 min )

Learn how to leave an IRA to a minor and understand how your gift will be distributed, managed, and taxed.  ( 18 min )

Cleveland Fed President Loretta Mester indicated that another rate hike could be needed to fight inflation, echoing statements by other Fed officials.  ( 10 min )

Shares of AT&T (T) plunged 10% after the telecom giant reported disappointing subscriber growth and lower-than-expected revenue.  ( 11 min )

Major U.S. equities indexes fell on April 20, 2023, as electric vehicle and tech stocks dragged on the markets.  ( 10 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

Form 1099-A: Acquisition or Abandonment of Secured Property is an Internal Revenue Service (IRS) form used to report the transfer of foreclosed property.  ( 18 min )

Filing for bankruptcy is sometimes seen as an easy way to get out of debt, but it should only be used as a last resort. Here's why and how to avoid it.  ( 18 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 11 min )

Opening a money market account is an essential step in earning interest on your cash. Learn how to open a money market account and what you’ll need to do it.  ( 17 min )

Buzzfeed CEO Jonah Peretti said the company is shutting down its news division as part of a 15% workforce reduction affecting 180 jobs.  ( 11 min )

Coca-Cola, the world’s most valuable beverage company, is expected to report revenue growth slowed in the first quarter to its lowest rate since 2020 as exchange rates and suspended Russia operations offset resilience at home.  ( 12 min )

Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils.  ( 19 min )

If you want to know the direction the economy is headed, the Conference Board’s Leading Economic Index is sending a clear signal: recession is coming, and soon, a chart of the index shows.  ( 10 min )

Google is launching an AI-powered ad campaign service to rival marketing agencies.  ( 11 min )

A savings account is a deposit account held at a financial institution that provides security for your principal and a modest interest rate.  ( 20 min )

Bad faith insurance refers to a number of ways insurance companies may attempt to escape obligations owed to policyholders.  ( 13 min )

Home daycare insurance is essential if you provide childcare in your home. Learn what home daycare insurance is, how much it costs, and which companies offer it.  ( 17 min )

There are many ways to profit in both bear and bull markets. The key to success is using the tools best suited for each kind of market.  ( 18 min )

The front fee is the option premium paid by an investor upon the initial purchase of a compound option. A compound option is an option on an option.  ( 12 min )

Find out who needs restaurant insurance and what it costs, along with the best insurance companies offering policies for restaurants.  ( 19 min )

Elon Musk's efforts to put a man on the Moon and possibly Mars ended in a mid-flight failure after SpaceX's Starship exploded shortly after taking off on its maiden flight.  ( 11 min )

Is a high-yield savings account right for you? Find out what they offer, how much more interest they pay than a conventional savings account, and how to choose one.

Home-based business insurance should provide comprehensive coverage and be affordable and easy to obtain. Find out what you need and which companies offer it.  ( 17 min )

Mortgage rates continued their multi-day climb, with the 30-year average rising for a fourth day and re-entering 7% territory.  ( 13 min )

The European Parliament approved sweeping laws aimed at regulating the crypto industry in the European Union, including tracing transactions over 1,000 euros.  ( 11 min )

Food vendor insurance is essential if you have a business selling food products. Learn what it is, how much it costs, and which companies offer it.  ( 16 min )

The annual cost of business insurance for small businesses starts as low as $200, but can be much more depending on the type of business you have and what you need.  ( 17 min )

Personal loan rates have climbed three weeks in a row, raising the average to well above 20%.  ( 12 min )

A bankruptcy report pushed Bed Bath & Beyond shares down by 25% and Tesla shares were down after its price cuts slashed into its profit margins. Here’s what investors need to know today.  ( 11 min )

Premium is the total cost of an option or the difference between the higher price paid for a fixed-income security and the security's face amount at issue.  ( 16 min )

Texas Instruments will probably say Q1 2023 profit and revenue fell due to an industrywide slowdown in semiconductor sales. It's still spending on production expansion.  ( 11 min )

U.S. fund managers dropped their allocation to stocks versus bonds to the lowest since March 2009, but it's not just because they're trying to avoid equity losses.  ( 12 min )

Here's what you need to know to grow your rainy-day fund so you won't have to fear a little downturn. Benjamin Franklin proved it.  ( 16 min )

They’re getting more alike, but credit unions and banks still have some key differences. We list nine ways to decide which is the best fit for your needs.  ( 18 min )

The FDIC insures deposit accounts, including certificates of deposit, for up to $250,000 per depositor, per FDIC-insured bank, per ownership category.  ( 15 min )

Shares of AT&T (T) plunged 10% after the telecom giant reported disappointing subscriber growth and lower-than-expected revenue.  ( 11 min )

Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a sharp increase in thefts fueled by a viral social media challenge. Videos circulating on the social media service TikTok have shown how people can start Kia and Hyundai models by using only a screwdriver and a USB cable. In Los Angeles, thefts of Hyundai and Kia cars increased by about 85% in 2022, now accounting for 20% of all car thefts in the city, according to the California attorney general's office.  ( 41 min )

These are some of the stocks moving in after-hours trade on April 20, 2023:  ( 39 min )

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A financial windfall like an inheritance or salary bonus can be a wonderful opportunity for investing. But what's the best way to invest your newfound wealth: all at once or little by little? New research from Vanguard suggests that you're … Continue reading → The post Should You Invest All at Once or Spread it Out? Here's What Vanguard Says You Should Consider appeared first on SmartAsset Blog.  ( 39 min )

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(Bloomberg) -- The raucous debut for China-based U Power Ltd. sent shares soaring 620% and triggered a bevy of halts for volatility as investors flip shares of the newest company to list in the US.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTech Leads Stocks Lower Wi  ( 38 min )

(Bloomberg) -- The turnaround that General Electric Co. has long been promising its investors is finally coming to fruition as the stock crossed an important milestone Thursday. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX’s Starship Rocket Explodes Shortly After LiftoffTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTesla Slashes Prices of Key Models Again Ahead o  ( 38 min )

Tesla stock tanks as margin compression weighs on the EV-maker's long-term prospects.  ( 39 min )

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(Bloomberg) -- Argentina’s central bank increased its benchmark interest rate by 300 basis points, a person familiar with the decision said, after annual inflation soared and foreign currency reserves slumped.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300US, Ukraine Allies Consider Near-Total Ban on Exports to RussiaSpaceX Says It Blew Up Starship Rocket After Engine MishapTesla Sinks as Musk Eyes More Price Cuts Despite Margin SqueezeTech Leads Sto  ( 38 min )

David Trainer, CEO of investment research firm New Constructs, warns that Tesla stock is “highly overvalued” and could sink to $28 per share.  ( 40 min )

Sunnova Energy International Inc (NYSE: NOVA), an Energy as a Service (EaaS) provider, announced a conditional commitment by the U.S. Department of Energy (DOE) Loan Programs Office (LPO) to provide an up to $3.0 billion partial loan guarantee, which equates to a 90% guarantee of up to $3.3 billion of financing to support a new solar loan channel named "Project Hestia." Project Hestia would provide disadvantaged individuals and communities with increased access to Sunnova services by indirectly  ( 38 min )

Staple Street Capital, majority owner of Dominion Voting Systems, backed a high-stakes defamation lawsuit against Fox that produced a $787.5 million settlement.  ( 27 min )

Blackstone Inc (NYSE: BX) reported Q1 revenues of $2.49 billion, down 29% Y/Y and missing the consensus of $2.57 billion. Distributable earnings (DE) fell 36% Y/Y to $1.25 billion, mainly on a 58% Y/Y decline in DE from the real estate business. Blackstone has been limiting redemption at its flagship real estate income trust (BREIT) since 2022. Its opportunistic and core real estate funds depreciated by 0.4% and 1.6%, respectively in Q1. DE per share declined 37% Y/Y to $0.97, missing the consen  ( 38 min )

David Trainer of New Constructs believes the selloff in Tesla shares isn’t remotely big enough to bring the EV king’s stock in line with its fundamentals.  ( 40 min )

Higher interest rates, rising fears of layoffs, and banks pulling back on lending are bad news for Tesla and other automakers, Elon Musk said.  ( 39 min )

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The Federal Reserve hiked interest rates seven times in 2022 in an attempt to combat inflation, a fight that has proved daunting. Continuing its hawkish stance in 2023, the Fed raised rates at the first two Federal Open Market Committee (FOMC) … Continue reading → The post Will CD Rates Continue to Go Up in 2023? appeared first on SmartAsset Blog.  ( 39 min )

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Nokia Corp (NYSE: NOK) reported a first-quarter FY23 net sales growth of 10% year-on-year (9% in constant currency) to €5.86 billion. Network Infrastructure sales grew 13% Y/Y in CC. Cloud and Network Services sales increased by 3% Y/Y in CC, while Nokia Tech declined 22% Y/Y as a long-term licensee exercised an option. Mobile Networks sales grew by 13% Y/Y in CC as 5G deployments in India ramped up. Margins: Gross margin declined by 310 bps to 37.5%. Comparable gross margin decreased by 300 bps  ( 38 min )

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Numerous EVs once again qualify for federal tax credits, including the VW ID.4 and Rivian's lineup.  ( 38 min )

Philip Morris International Inc (NYSE: PM) reported a first-quarter FY23 sales increase of 3.5% year-on-year to $8.02 billion, missing the analyst consensus estimate of $8.11 billion. Cigarette and Heated Tobacco unit shipment volume in Q1 fell by 1.1% Y/Y, reflecting a 3.1% decline in cigarette shipments. Marlboro cigarette shipment volume decreased by 2.4%. Revenue from smoke-free products accounted for 34.9% of total net revenues. Adjusted operating margin for the quarter compressed from 43.6  ( 38 min )

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Results from several mid-sized lenders, including Comerica and Key, don't impress investors.  ( 40 min )

In a clipped, leaked Zoom call to staff, MillerKnoll CEO Andi Owen told employees to "leave Pity City." The video went viral and Owen has apologized.  ( 40 min )

Rite Aid Corp (NYSE: RAD) has reported Q4 FY23 sales of $6.09 billion, compared to $6.06 billion a year ago, beating the consensus of $5.67 billion. The marginal change was primarily due to an extra week in the fourth quarter and increases in comparable front-end sales and non-COVID prescriptions, partially offset by a reduction in revenue from COVID vaccines and testing, store closures, and the loss of commercial clients at Elixir. The company reported an Adjusted EPS loss of $(1.24) compared t  ( 38 min )

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The first major telecom firm to report first-quarter earnings underscores growing competition as demand drops from pandemic highs when phone and internet use surged.  ( 23 min )

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AT&T Inc (NYSE: T) reported first-quarter FY23 operating revenues of $30.14 billion, up 1.4% year-over-year, marginally missing the consensus of $30.26 billion. The results reflected higher Mobility, Mexico, and Consumer Wireline revenues, partly offset by lower Business Wireline revenues. In the Mobility segment, AT&T clocked 0.54 million postpaid net adds, which included 424 thousand postpaid phone net adds, and 40 thousand prepaid phone net adds. The Mobility segment saw a Postpaid churn of 0  ( 38 min )

Some combinations are hard to beat. Sun and beer, C-3PO and R2-D2, cream cheese and bagels – all work together in perfect unison. You can throw into that list high yielding dividend stocks and a cheap share price. In the stock market, that’s about as potent a combination you can get. Why is that? Well, first off, you can’t really go wrong with dividend stocks. Investors have the potential to earn returns even if the share price goes down, which is not common elsewhere. And when the price does go  ( 40 min )

The Euro rallied slightly during the trading session on Thursday, but as you can see, we are still very much in choppy range.  ( 38 min )

After several price cuts to start the year, Tesla reported shrinking profitability in the first quarter.  ( 38 min )

Comerica, KeyCorp, and Fifth Third Bancorp report results as the sector tries to overcome a crisis of confidence.  ( 23 min )

The latest results from the world’s largest contract chip manufacturer confirm the grim outlook facing the semiconductor industry.  ( 27 min )

The disk-drive maker said it now expects a recovery in demand to begin toward the end of the calendar year.  ( 23 min )

Are you retired but interested in going back to work? Unless you've developed some hobbies or have significant interests outside your career, retirement can be a lonely place. Suddenly, many of your social contacts are gone. Mental and intellectual pursuits … Continue reading → The post Working in Retirement: Why and How You Might Choose to Stay Busy appeared first on SmartAsset Blog.  ( 40 min )

Workers are prematurely tapping their retirement savings, a sign that households are coming under increased financial pressure, a troubling development that's likely to get worse if the U.S. economy falls into recession in the coming months. According to the recent … Continue reading → The post Vanguard Says Workers Are Tapping Retirement Money Early, Recommends These Better Options appeared first on SmartAsset Blog.  ( 39 min )

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If you have a high net worth, one of the most powerful tools available to you is a trust. They can help you pass your wealth to your heirs and may be able to shield your money from creditors. However, … Continue reading → The post 6 Trusts for High-Net-Worth Estate Planning appeared first on SmartAsset Blog.  ( 40 min )

Truist Financial Corporation (NYSE: TFC) revenues in the first quarter jumped nearly 15% year-over-year to $6.1 billion, beating the consensus of $6.09 billion. Net interest income in the quarter under review jumped 22.1% year-over-year to $3.9 billion, while noninterest income soared 4.3% on year to $2.23 billion. The provision for credit losses was $502 million in the first quarter, compared to the benefit of $95 million in the year-ago period. The increase in the current quarter provision exp  ( 38 min )

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The maker of Marlboro cigarettes reported higher-than-anticipated earnings per share.  ( 23 min )

The largest digital asset is falling further from a critical level amid signs of profit-taking and weakening risk sentiment more widely.  ( 22 min )

The world's largest contract chip maker said its first quarter was impacted by weakening macroeconomic conditions and softening end-market demand.  ( 23 min )

American Express said its first-quarter profits fell by 13% from a year ago despite record quarterly revenue as the credit card company had to set aside more than $1 billion for potentially bad loans. The noticeable increase in loan loss reserves reflect the uncertain direction of where the economy is heading for many of the banks. AmEx's biggest credit card competitors also set aside money to cover potentially bad loans and have talked about how consumers are now carrying higher balances and aren't paying off their cards.  ( 38 min )

Aspiring partners accuse tech giant of copying their ideas; Apple says it plays by the rules.  ( 27 min )

Amex had a solid quarter, but will have some explaining to do to Wall Street analysts.  ( 40 min )

The company kicks off credit card company earnings, with results from Visa and Mastercard coming over the next week.  ( 23 min )

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Weaker-than-expected quarterly profit at Tesla (TSLA) weighed on major indices and electric-vehicle stocks as a whole.  ( 38 min )

The maker of Marlboro cigarettes reported higher-than-anticipated earnings per share.  ( 23 min )

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(Bloomberg) -- Blackstone Inc.’s first-quarter profit fell as dealmaking at the world’s largest alternative-asset manager slowed in a tumultuous stretch when rising interest rates roiled markets.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Th  ( 39 min )

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(Bloomberg) -- AT&T Inc. missed analysts’ estimates for free cash flow in the first quarter but said it’s still on track to meet the full-year forecast. The shares slid in early trading.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands o  ( 38 min )

The first major telecom firm to report first-quarter earnings underscores growing competition as demand drops from pandemic highs when phone and internet use surged.  ( 23 min )

Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, while most other top 10 non-stablecoin cryptocurrencies by market capitalization strengthened. Crypto investors were cautious ahead of Europe’s vote on the Markets in Crypto Assets (MiCA) bill.  ( 38 min )

I love questions that start with an apology. “This is probably a stupid question, but…” is always an indication that what follows won’t be.  ( 39 min )

In its rush into streaming, Disney mishandled three big initiatives. Those unforced errors account for its shockingly poor financial performance over the past three years.  ( 45 min )

Gross profit margins at Tesla fall in the first quarter and the stock tumbles, IBM issues a solid full-year outlook, and Las Vegas Sands says it's seeing a 'robust' recovery in travel and tourism spending in both Macau and Singapore.  ( 23 min )

"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.  ( 44 min )

Tesla’s aggressive price cuts took a bite out of its first-quarter profits, but its often-overlooked energy business saw sizable growth this quarter.  ( 38 min )

(Bloomberg) -- Oil retreated for the third time in four days as further signs of a US slowdown overshadowed a substantial draw in crude stockpiles.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekGlobal benchma  ( 37 min )

Meta is expected to cut or relocate its Instagram staff based in London as the tidal wave of layoffs sweeping the tech sector continues.  ( 39 min )

As a way of using social media channels, it was at least on-brand.  ( 39 min )

The world's largest contract chip maker said its first quarter was impacted by weakening macroeconomic conditions and softening end-market demand.  ( 23 min )

(Bloomberg) -- Shares in Asia were broadly lower and US equity futures fell as investors parsed mixed corporate earnings and the latest assessment on the US economy.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next  ( 39 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s profit beat expectations after its chip margins held up better than anticipated, assuaging concerns about fallout from a plunge in global electronics demand.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is S  ( 39 min )

(Bloomberg) -- Nokia Oyj reported weaker-than-expected earnings, amid a slowdown in demand for its 5G gear in some of the company’s more mature markets.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekAdjusted  ( 38 min )

420, or the numerical expression for April 20, has been slang for smoking marijuana for decades but cannabis ETFs have dropped on that day the past two years.  ( 23 min )

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Twitter is donderdag begonnen met het verwijderen van de originele blauwe vinkjes. Veel beroemde personen en organisaties zijn hun vinkje, waarmee ze hun echtheid konden aantonen, inmiddels verloren.  ( 4 min )

Enkele duizenden mensen die in de omgeving van Schiphol wonen, krijgen compensatie voor geluidshinder. De toezichthouder had moeten ingrijpen, omdat de luchthaven de geluidsnorm overschreed.  ( 4 min )

De onrust in de schoonmaakbranche neemt toe, omdat zo'n 120.000 schoonmakers al een half jaar wachten op een extra loonsverhoging om hun koopkrachtverlies te compenseren. De eerste acties en werkonderbrekingen om de druk op werkgevers op te voeren, hebben inmiddels plaatsgevonden. Dat gebeurde onder meer op luchthaven Schiphol.  ( 3 min )

SpaceX heeft donderdagmiddag voor het eerst zijn volledige Starship de lucht ingestuurd. Maar na een paar minuten explodeerde de raket. Gelukkig ging het om een onbemande testvlucht. Uiteindelijk moet Starship mensen naar de maan en Mars brengen. Maar het ruimtevaartbedrijf van Elon Musk heeft al de nodige tegenslagen te verwerken gehad.  ( 6 min )

De onrust in de schoonmaakbranche neemt toe, omdat zo'n 120.000 schoonmakers al een half jaar wachten op een extra loonsverhoging om hun koopkrachtverlies te compenseren. De eerste acties en werkonderbrekingen om de druk op werkgevers op te voeren, hebben inmiddels plaatsgevonden. Dat gebeurde onder meer op luchthaven Schiphol.  ( 3 min )

SpaceX heeft maandagmiddag voor het eerst zijn volledige Starship de lucht ingestuurd. Maar na een paar minuten explodeerde de raket. Gelukkig ging het om een onbemande testvlucht. Uiteindelijk moet Starship mensen naar de maan en Mars brengen. Maar SpaceX-baas Musk heeft al de nodige tegenslagen te verwerken gehad.  ( 5 min )

Wie bij ABN AMRO een spaarrekening heeft, krijgt daar vanaf 1 mei 0,75 procent rente op. Dat heeft de bank donderdag bekendgemaakt, die daarmee de concurrenten ING en Rabobank volgt. De spaarrente bij ABN is nu nog 0,5 procent.  ( 3 min )

Ruim een miljoen mensen heeft Geldfit in het afgelopen kwartaal om hulp gevraagd vanwege hun financiële situatie. Geldfit is een initiatief van de Nederlandse Schuldhulproute (NSR), een samenwerkingsverband van schuldhulpverleners, gemeenten en bedrijven.  ( 3 min )

Italianen betalen 20 procent meer voor een zelfgemaakte pizza dan een jaar eerder. Door de droogte in Zuid-Europa is vooral de olijfolie een stuk duurder geworden.  ( 3 min )

De nieuwe, snellere trein van NS wordt vandaag opnieuw getest op het traject tussen Amsterdam Centraal en Rotterdam Centraal. De zogeheten Intercity Nieuwe Generatie reed woensdag ook al wat testritjes, maar moest daarmee stoppen omdat er problemen waren met de deuren.  ( 3 min )

Tesla-topman Elon Musk vindt hogere verkopen op dit moment even belangrijker dan winst. Daarom gaan de prijzen bij de Amerikaanse automaker voor de zesde keer in korte tijd omlaag. Dat moet de verkopen in belangrijke markten als de Verenigde Staten en China opkrikken.  ( 3 min )

Consumenten waren in april opnieuw minder pessimistisch over de economie dan een maand eerder. Het consumentenvertrouwen liet voor de zesde maand op rij een lichte verbetering zien. Statistiekbureau CBS merkt ook dat de koopbereidheid is verbeterd, vermoedelijk vanwege de lagere energieprijzen.  ( 3 min )

In Nederland is 3,5 procent van de beroepsbevolking werkloos. Dat betekent dat zo'n 357.000 mensen geen werk hebben, terwijl ze dat wel zouden willen. Het aantal WW-uitkeringen steeg met 2,8 procent, blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )

Erotische speeltjes als vibrators zijn ook na de coronapandemie in trek. EasyToys, marktleider op het gebied van erotische producten, behaalde afgelopen jaar een omzetstijging van 10 procent ten opzichte van het jaar ervoor.  ( 3 min )

Wie vorig jaar de digitale wachtrij overleefde én aan de eisen voldeed, ontving gemiddeld 800 euro STAP-budget. Zo'n 214.500 aanvragers werden verblijd met bij elkaar bijna 173 miljoen euro studiegeld.  ( 3 min )

De dekkingsgraden van de vijf grootste pensioenfondsen in ons land zijn in de afgelopen drie maanden iets gestegen. De dekkingsgraad laat zien of een fonds voldoende geld in kas heeft om uit te keren aan huidige en toekomstige gepensioneerden.  ( 3 min )

Erotische speeltjes als vibrators zijn ook na de coronapandemie in trek. EasyToys, marktleider op het gebied van erotische producten, behaalde afgelopen jaar een omzetstijging van 10 procent ten opzichte van het jaar ervoor.  ( 3 min )

In Breda staat een robot die iPhones op een speciale manier uit elkaar kan halen. De telefoon wordt niet alleen gesloopt, maar veertien verschillende soorten materialen worden gescheiden om gerecycled te worden. NU.nl krijgt een uniek kijkje in de fabriek van Apple.  ( 3 min )

Intuitive Surgical (ISRG) shares jumped 10% after the company reported increasing profits and expanding procedures for its robotic surgical systems.  ( 1 min )

U.S. equities indexes finished flat on April 19, 2023, after another round of mixed earnings reports.  ( 1 min )

(Bloomberg) -- Elon Musk signaled Tesla Inc. will continue to cut prices to stoke demand for its electric vehicles, even at the expense of its industry-leading profit margins.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Star  ( 38 min )

The penalty comes after a group of Senate Republicans in 2021 alleged the data-storage equipment provider continued to sell hard drives to Huawei despite national security restrictions.  ( 27 min )

It’s fair to say Raymond James’ CIO Larry Adam is a big Rolling Stones fan. Either that or Adam just finds their songs to be perfect analogies for the trends exhibited across the investing landscape right now. Against a backdrop of interest rates reaching levels last seen in 2008, Adam says income investors can now ‘Get What They Want’ although the Equity markets are just wishing for the Fed and inflation to ‘Get Off Of Their Cloud.’ As for the Fed itself, it ‘Can’t Get No Satisfaction’… until r  ( 39 min )

Failing to raise the debt ceiling could spark a financial crisis as bad or even worse than 2008, according to top economist Paul Krugman.  ( 38 min )

Coinbase's disclosure that it's received a license to operate in Bermuda comes at a time when the U.S. crypto industry is exploring offshore alternatives.  ( 38 min )

Amazon.com Inc. Founder Jeff Bezos was always unique, even from a young age. His mother, Jacklyn, remembers his fascination with discovering the way machines and toys worked, which was evident when he attempted to take apart his crib with a screwdriver. Don’t Miss: Qnetic Unveils Revolutionary Flywheel Energy Storage System to Accelerate Renewable Energy Adoption At age 16, Bezos got a summer job at McDonald's Corp. frying burgers in 1980. Despite being a "grill man," his employers kept him away  ( 38 min )

(Bloomberg) -- Microsoft Corp. said its social media planning and scheduling tools for advertisers will no longer support Twitter, after the Elon Musk-owned social network started charging for access to its programming interface. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Nation, U  ( 37 min )

These are the stocks moving in after-hours on April 19, 2023.  ( 38 min )

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(Bloomberg) -- Canada got over $13.3 billion of investor orders for its largest transaction in the US currency on record, according to a person with knowledge of the matter, as the inversion in the Treasury yield curve continues diving. Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous Na  ( 37 min )

Bed Bath & Beyond is preparing a bankruptcy filing for as early as this weekend as its falling stock price makes it near impossible to raise enough capital to avert default, according to people familiar with the matter.  ( 26 min )

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Competition among telecom providers is increasing, and analysts expect demand to swing back toward normal levels after a pandemic-era surge.  ( 22 min )

(Bloomberg) -- The amount of money that the US government has on hand to pay its bills jumped $108.47 billion as tax receipts boosted a cash pile that’s been whittled down in a bid to avoid crashing into the nation’s statutory debt limit.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Tesla Slashes Prices of Key Models Again Ahead of EarningsWorthless Degrees Are Creating an Unemployable Generation in IndiaIndia Passes China as World’s Most Populous N  ( 38 min )

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Taylor Swift was “the one person” who asked if she'd be promoting unregistered securities, according to the lawyer leading the costly class action lawsuit against FTX’s celebrity ambassadors.  ( 13 min )

Price reductions across the model lineup cut into Tesla's first-quarter net income, causing it to fall 24% from a year ago. Revenue rose 24% to $23.33 billion, but the company's operating profit margin fell. Tesla made an adjusted 85 cents per share in the first quarter, matching analyst estimates, according to FactSet.  ( 38 min )

The EV maker reported profit margins that came in well below forecasts.  ( 23 min )

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The legacy tech company 's profits topped estimates, but sales were a little light. The company repeated its full-year guidance for free cash flow.  ( 23 min )

Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 40 min )

Constellium, Copper Mountain Mining, and BHP Group lead industry by revenue  ( 15 min )

Prudential Financial illegally denied more than 200 life insurance claims despite collecting premiums from plan participants, the Department of Labor said Wednesday, the latest case where a life insurer was found to be denying claims even though the customer had been paying into the plan for years. Many employers offer what is known as supplemental life insurance as an employee benefit, which allows an employee to pay for additional life insurance coverage out of their paycheck. The settlement between Prudential of Newark, New Jersey, and the U.S. government deals with what is known as “evidence of insurability," a common practice in underwriting supplemental life insurance contracts where the insured is required to fill out a form showing they are in good health before being covered by employer-sponsored supplemental life insurance.  ( 38 min )

Catalyst Pharmaceuticals, Mersana Therapeutics, and Harmony Biosciences lead industry in revenue growth  ( 16 min )

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The greenback could keep falling, which would provide a boost for companies that get sales outside the U.S.  ( 23 min )

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Intuitive Surgical's stock price surges after a strong quarter as patients return to their healthcare providers and the number of procedures grow.  ( 39 min )

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(Bloomberg) -- Last month’s banking drama means a technical tidal wave may be coming for the biggest slice of the $10 trillion market for corporate bonds.Most Read from BloombergAirline Blunder Sells $10,000 Asia-US Business Class Tickets for $300Worthless Degrees Are Creating an Unemployable Generation in IndiaTesla Slashes Prices of Key Models Again Ahead of EarningsIndia Passes China as World’s Most Populous Nation, UN SaysDisney Is Set to Eliminate Thousands of Jobs Starting Next WeekThat’s  ( 38 min )

Most billionaires don’t get to where they are by earning a salary. And that also means they might pay less income tax than Americans who make a living through wages. According to a report from ProPublica, some billionaires in the U.S. paid little or no income tax relative to the vast amount of wealth they have accumulated over the years. The report noted that Amazon.com Inc. Founder Jeff Bezos “did not pay a penny in federal income taxes” in 2007 and 2011. It also pointed out that Tesla Inc. CEO  ( 39 min )

The Apple chief executive’s visit comes as the iPhone maker wants to expand its manufacturing footprint and smartphone sales.  ( 27 min )

Rupert Murdoch’s bill for settling defamation lawsuits against Fox News is likely to eclipse the £1bn paid out in the wake of the phone-hacking scandal.  ( 38 min )

Disney had previously announced an effort to slash 7,000 jobs as it looks to eliminate $5.5 billion in costs.  ( 39 min )

The stock surged as bullish retail investors rallied behind the embattled retailer.  ( 22 min )

The head of Boeing, for whom Spirit builds the MAX fuselage, this week stuck by production increase plans.  ( 15 min )

This promotional CD offers an APY that’s more than three times the national average. We’ll help you decide if it’s the right move for you.  ( 40 min )

I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 39 min )

There's lots to watch, from how the margins have been pinched by price cuts to whether Elon Musk will even be on the call.  ( 39 min )

Tesla slashed US prices for some Model 3 and Model Y vehicles for the sixth time this year, according to its website, as the world’s largest electric vehicle (EV) manufacturer looks to increase demand. The decision comes on the eve of its first quarter earnings report, which is expected to show a dip in profit.  ( 39 min )

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Bull or bear market, no investment is a sure thing. Especially in the current financial environment, which remains riddled with uncertainty, finding compelling plays can be challenging for even the most seasoned market watchers. However, this is not to say that investment opportunities with stand-out growth prospects can’t be found. For the more risk-tolerant investor, penny stocks, or tickers trading for less than $5 per share, can be an enticing option. The appeal is clear; the bargain price t  ( 41 min )

Bloomberg Meta Sharpens Knives On Facebook, WhatsApp, Instagram And Reality Labs Workforce: Begin Next Round Of Layoff Meta Platforms Inc (NASDAQ: META) notified managers to prepare to announce job cuts on Wednesday under a cost-cutting push likely to pare 10,000 positions at the company. The downsizing will impact Facebook, WhatsApp, Instagram, and Reality Labs, which houses the firm's virtual reality efforts and Quest hardware. The memo indicates Meta will restructure teams and reassign the re  ( 40 min )

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The health insurer’s operating revenue in the first quarter was lifted by membership growth in Medicaid and Medicare Advantage.  ( 26 min )

Healthcare stocks have sputtered this year after performing well in 2022. A Barron's screen has identified stocks that are poised to outperform for the rest of the year.  ( 23 min )

Big Tech companies are suffering amid muted advertising spending. Layoffs they said they were planning are now being implemented.  ( 23 min )

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Regional lenders that were at the center of March's banking crisis got a boost from news of a deposit inflow at Western Alliance.  ( 39 min )

U.S. Bancorp (NYSE: USB) clocked a first-quarter total net revenue increase of 28.2% year-over-year to $7.18 billion, beating the consensus of $7.12 billion. Net interest income jumped 46% to $4.63 billion, while noninterest income rose 4.6% to $2.51 billion. Provision for credit losses in the quarter under review jumped to $427 million, compared with $112 million in the year-ago period. This was driven by the acquisition of MUB and continued economic uncertainty. While credit quality factors ha  ( 38 min )

Is Netflix now becoming a cash flow story? Maybe.  ( 40 min )

Elevance Health Inc (NYSE: ELV) has reported Q1 FY23 adjusted EPS of $9.46, up 15.5% Y/Y, beating the consensus of $9.26. Revenue is up 10.7% to $42.17 billion, beating the expectations of $40.83 billion, driven by higher premium revenue due to membership growth in Medicaid and Medicare Advantage and premium rate increases in the Health Benefits business. Operating revenue increased 10.6% to $41.89 billion, attributable to growth in pharmacy product revenue within CarelonRx driven by growth in m  ( 38 min )

If you worked in a job with a pension, this means you will receive ongoing benefits once you retire. A critical part of estate planning, then, will be figuring out what happens to that money when you die. The answer … Continue reading → The post What Happens to Your Pension When You Die? appeared first on SmartAsset Blog.  ( 40 min )

After years of scrimping and saving, investing wisely and working diligently your reward could be the luxury of an early retirement – and a big drop in your IQ. New research conducted by faculty at Binghamton University, State University of New … Continue reading → The post Will Early Retirement Rot Your Brain? appeared first on SmartAsset Blog.  ( 38 min )

Receiving an inheritance could provide an unexpected (or anticipated) financial windfall. There's just one thing you may have to contend with – people attempting to steal what you've inherited. Inheritance theft is sometimes a very real problem for people who … Continue reading → The post Understanding Inheritance Theft Laws appeared first on SmartAsset Blog.  ( 40 min )

My wife and I currently have roughly $250,000, with half in our Roth individual retirement account (IRA) and a few small annuities, and the other half in various checking accounts and a money market account. We are both retired, have … Continue reading → The post Ask an Advisor: My Investments Are ‘Dwindling Away Slowly.' Should We Flee to Cash? appeared first on SmartAsset Blog.  ( 39 min )